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Ballyhigh Company purchased equipment for $20,000. Sales tax on the purchase was $1,500. Other costs incurred were freight charges of $200, repairs of $250 for
Ballyhigh Company purchased equipment for $20,000. Sales tax on the purchase was $1,500. Other costs incurred were freight charges of $200, repairs of $250 for damage during installation, and installation costs of $350. What is the capializable cost of the equiprment? A. $21.750 O B. $22,050 OC. $21.500 D. $22.300
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