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On March 1, Bartholomew Company purchased a new stamping machine with a list price of $69,000. The company paid cash for the machine; therefore, it

On March 1, Bartholomew Company purchased a new stamping machine with a list price of $69,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $1,200; sales tax paid, $2,920; installation costs, $950; routine maintenance during the first month of operation, $1,100. What is the cost of the machine? Multiple Choice O $69,670 $65,550 $70,620 $71,720 www < Prev 45 of 50 Noxt

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