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Wildhorse Co. purchased equipment on January 1 at a list price of $155000, with credit the discount period. Wildhorse paid $6500 sales tax on
Wildhorse Co. purchased equipment on January 1 at a list price of $155000, with credit the discount period. Wildhorse paid $6500 sales tax on the equipment and paid installation charges of $2100. Prior to installation, Wildhorse paid $3500 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment? O $158000. $162450. O $167100. $161500.
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