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pleaseeeee hurry On January 2020, Kayla Danielle Inc (KDI), a popular company located at RBC Room 151 street, Lehigh University purchased a machine for $1,050,000
pleaseeeee hurry On January 2020, Kayla Danielle Inc (KDI), a popular company located at RBC Room 151 street, Lehigh University purchased a machine for $1,050,000 (the invoice price) from Generous Lafayette. The seller (ie. Generous Lafayette) paid $9,000 freight to deliver the machine but did not bill KDI for the delivery cost --- what a 'generous seller! KDI incurred $40,000 to install the machine and $10,000 to calibrate the machine before I could be used. Because of the machine's weight, the shop floor where the machine would rest needed to be reinforced at a cost of $100,000. Eighteen (18) months following the installation and use of the machine, KDI incurred $30,000 in unexpected but necessary repairs. The machine has an expected 10 year economic life (corresponding to 50,400 hours) and a salvage value of $60,000. What is the historical cost of the machine to KDI? Select one: O a. $1,050,000 O b. $1,230,000 O c. $1,200,000 O d. $1,209,000 O e. $1,239,000
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