Acquisition cost of long-lived asset the following data relate to a firm’s purchase of a machine used in the manufacture of its product: invoice price $25,000 applicable sales tax 1,700 cash discount taken for prompt payment 900 freight paid 760 cost of insurance coverage on machine while in transit 625 installation costs 1,500 testing and adjusting costs 975 repair of damages to machine caused by the firm's employees 1,050 prepaid maintenance contract for first year of machine's use 800. determine the acquisition cost of the machine.

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)