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Hyde Boats purchased machinery on January 1 at a list price of $295,000, with credit terms 3/10 n/30. Payment was made within the discount period.
Hyde Boats purchased machinery on January 1 at a list price of $295,000, with credit terms 3/10 n/30. Payment was made within the discount period. Hyde Boats paid $17,700 sales tax on the machinery and paid installation charges of $3,900. Hyde Boats also paid $15.900 to pour a concrete base that was necessary to place the machinery in service. What is the total cost of the new machinery? $332.500 $323.650 e $307.750 $319.750
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