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I need to know how to solve the accounting question not just the answer. Thank You Carla Vista Co. purchased machinery on January 1 at
I need to know how to solve the accounting question not just the answer. Thank You
Carla Vista Co. purchased machinery on January 1 at a list price of $340000, with credit terms 3/10, n/30. Payment was made within the discount period. Carla Vista paid $35750 sales tax on the machinery, and paid installation charges of $5800. Prior to installation, Carla Vista paid $10000 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery?
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