Affordable shoewear company purchased equipment on january 1 at a list price of $120,000, with credit terms 2/10, n/30. payment was made within the discount period and affordable was given a $2,400 cash discount. affordable paid $6,000 sales tax on the equipment, and paid installation charges of $1,760. prior to installation, affordable paid $4,000 to pour a concrete slab on which to place the equipment. what is the total cost of the new equipment?
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Affordable shoewear company purchased equipment on january 1 at a list price of $120,000, with credi...
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