Question
Einhorn, Inc. incurred the following expenditures when acquiring a new assembly machine: Price $176,000 Sales tax 10,600 Delivery charges 1,400 Installation cost 2,200 Additionally, Einhorn
Einhorn, Inc. incurred the following expenditures when acquiring a new assembly machine:
| Price | $176,000 |
| Sales tax | 10,600 |
| Delivery charges | 1,400 |
| Installation cost | 2,200 |
Additionally, Einhorn sold its old assembly machine for $800. What is the acquisition cost of the new assembly machine?
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2 Principles Of Financial And Managerial Accounting
Authors: Pollard, Sherry T. Mills, Walter T. Harrison Jr.
0136009891, 978-0136009894
