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Southwest Milling Company purchased a front -end loader to move stacks of lumber. The loader had a list price of $119.420 The sellet anreed to

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Southwest Milling Company purchased a front -end loader to move stacks of lumber. The loader had a list price of $119.420 The sellet anreed to allow a 475 percent discount because Southwest Milling paid cash Delivery terms were FOB shipping point. Frelght cost amounted to \$2,370. Southwest Milling had to hire a specialist to calibrate the loader. The specialis fee was $1,10 The loader operator is paid an annual salary of $21,810. The cost of the company's theft insurance policy increased by $2.260 per year as a result of acquing the loadec The loader had a four.year useful ife and an expected salvage value of $13000 Required Dequired Note: Round your antwers to the nearest whole dollac. Amounts to be deducted should be indicated with minus sign

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