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Norman Geological Surveys located in Baltimore, Maryland purchased surveying equipment from a manufacturer, in Raleigh, North Carolina for $ 2 6 , 0 9 0
Norman Geological Surveys located in Baltimore, Maryland purchased surveying equipment from a manufacturer, in Raleigh, North Carolina for $ 2 6 , 0 9 0 . Norman incurred the following additional charges in relation to the equipment: Total Freight from Raleigh to Baltimore $ 2 4 9 0 . Norman and the seller divided these charges amongst themselves in the following ratio: Norman 3 1 % ; Manufacturer 6 9 % . Insurance premium on equipment while in transit $ 4 9 0 Insurance premium on equipment for first year $ 3 6 0 Installation of Equipment: $ 6 2 5 Testing of Equipment to make sure it was installed properly: $ 2 0 0 Sales Taxes $ 2 0 6 1 Requirement: Calculate the cost of the equipment on Norman ' s books? Round your calculations to the nearest dollar. ( Round the freight calculation to the nearest dollar )
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