Prior to installation crane paid 11200 to pour a concrete


Question - Crane Company purchased machinery on January 1 at a list price of $360000, with credit terms 3/10, n/30. Payment was made within the discount period. Crane paid $74000 sales tax on the machinery, and paid installation charges of $4800. Prior to installation, Crane paid $11200 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery?

$423200.

$428000.

$439200.

$450000.

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Accounting Basics: Prior to installation crane paid 11200 to pour a concrete
Reference No:- TGS02406886

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