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Business, 12.11.2019 06:31 johnross17

Rains company purchased equipment on january 1 at a list price of $75,000, with credit terms 2/10, n/30. payment was made within the discount period. rains paid $3,750 sales tax on the equipment, and paid installation charges of $1,320. prior to installation, rains paid $3,000 to pour a concrete slab on which to place the equipment. what is the total cost of the new equipment? a. $78,750.b. $81,570.c. $83,070.d. $75,750.

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Rains company purchased equipment on january 1 at a list price of $75,000, with credit terms 2/10, n...

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