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Machine A was purchased at a list price of P92,000; terms 1/10, net 30. The machine invoice was paid after the discount period. Transportation charges

Machine A was purchased at a list price of P92,000; terms 1/10, net 30. The machine invoice was paid after the discount period. Transportation charges were P1,270; installation costs were P920, and the cost of a trial run was P960. Normal repairs and maintenance for the first year were P410. Determine the cost of the machine.

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