Bryce Inc. purchases inventory FOB destination on December 29, and the goods are received on January 3 . The company records the transaction in December. Which of the following statements about qualitative characteristics or assumptions is correct? (1) point] unit-ot-measure is followed faithful is violated verifiable is viotated timely is violated relevant is followed Avenal inc. purchased a machine on July 31 for $82,000, paying cash. The company also paid $500 for freight, $1,500 for installation and testing, $800 for employee training, $700 for supplies to be used in production, and $2,400 for a two-year insurance policy. The machine has a residual value of $6,000 and a useful life of 10 years. What is this machine's acquisition cost? ( 2 points) On December 10 your business sold inventory worth $25,000 to a customer for $45,000, You shipped it FOB destination and the terms were 1/10,n/30. The next day, the appropriate party paid the freight company $100. Four doys later the customer returned 20% of his order. You received payment on December 22 . How much did the customer pay you? ( 2 points)