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The Hurlburt Company incurred the following costs in the acquisition of a plant asset: Invoice price $1,800 Purchase discount lost 50 Freight-in 200 Installation 150

The Hurlburt Company incurred the following costs in the acquisition of a plant asset:

Invoice price

$1,800

Purchase discount lost

50

Freight-in

200

Installation

150

Cost of trial runs

100

What is the cost of the plant asset?

a.

$1,800

b.

$2,150

c.

$2,214

d.

$2,200

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