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Bahama Catering purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase was $5,290. The company
| Bahama Catering purchased a commercial dishwasher by paying cash of $4,900. The dishwasher's fair value on the date of the purchase was $5,290. The company incurred $350 in transportation costs, $390 installation fees, and paid a $140 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher? |
$5,780
$5,290
$5,640
$6,030
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