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Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the installation costs $20,000. Additional costs are $4,000
Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the installation costs $20,000. Additional costs are $4,000 for delivery and $13,700 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $1,850 What is the total recorded cost of the automatic scorekeeping equipment? Included DR Machinery Excluded DR Expense Total cost Invoice cost Electrical work required for installation Delivery costs Sales tax Repair costs 190,000 20,000 4,000 13,700 1,850 $ 229,550 Total
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