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Multiple Choice Question 72 Crane Company purchased machinery on January 1 at a list price of $360000, with credit terms 3/10, n/30. Payment was made
Multiple Choice Question 72
Crane Company purchased machinery on January 1 at a list price of $360000, with credit terms 3/10, n/30. Payment was made within the discount period. Crane paid $74000 sales tax on the machinery, and paid installation charges of $4800. Prior to installation, Crane paid $11200 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery?
$423200.
$428000.
$439200.
$450000
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