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Identify and compute the cost of the machine. Explain your reasoning Question 2 (a) Reda Company is planning to acquire a machine. The following costs

Identify and compute the cost of the machine. Explain your reasoningimage text in transcribed

Question 2 (a) Reda Company is planning to acquire a machine. The following costs relate to the machine: List price Tax Freight New parts to replace those damaged in unloading Installation Repair of vandalism during installation Assembly Special foundation to be laid on the floor Testing for use Monthly maintenance A 10% discount will be given off the list price. $ 80,000 6,000 1,000 2,000 1,500 1,200 2,200 3,800 1,500 300 Identify and compute the cost of the machine. Explain your reasoning

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