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Edmonton Ice Rink purchased a Zamboni ice - resurfacing machine for $ 1 9 , 0 0 0 , terms 2 1 0 , n
Edmonton Ice Rink purchased a Zamboni iceresurfacing machine for $ terms FOB shipping point. Edmonton Ice received a freight invoice from Ontime Delivery for $ Edmonton Ice took advantage of the discount. The Zamboni required a special steel mounting and power connections costing $ and another $ was paid to paint the home team colours on the Zamboni and get it into operation. In moving the Zamboni onto its steel mounting, it was banged and damaged. The repairs cost $ Also, $ of labour costs were incurred in calibrating adjusting the machine so that it would be at the right height on the ice. These adjustments were normal and were not a result of the damage. Special insurance was needed for the new ice cleaning machine, which will cost $ per month for the next year.
Prepare a calculation to show the cost of this machine for accounting purposes. Negative answer should be indicated by a minus sign.
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