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ryan's company purchased equipment on January 1 at a list price of $75,000, with credit terms 2/10, n/30. payment was made within the discount. Rains
ryan's company purchased equipment on January 1 at a list price of $75,000, with credit terms 2/10, n/30. payment was made within the discount. Rains paid $3750 sales tax on the equipment, and paid installation charges of $1320. Prior to installation, rains paid $3000 to pour concrete slab on which to place the equipment. What is the total cost of the new equipment?
Question 17 2 pts Rains Company purchased equipment on January 1 at a list price of $75,000, with credit terms 2/10,n/30. Payment was made within the discount period, Rains paid $3,750 sales tax on the equipment, and paid installation charges of $1,320. Prior to installation, Rains paid $3,000 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment? $83,070 O $78,750 O $75.750 $81,570 $83,070
$78,750
$75,750
$81,570
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