2. UNO Corp. purchased a machine costing $230,000 and paid an additional $3,000 for shipping...
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2. UNO Corp. purchased a machine costing $230,000 and paid an additional $3,000 for shipping insurance. It paid $22,000 in sales tax and $4,500 in annual property taxes for the first year. An additional $45,000 was spent on installation and testing. The company spent $10,000 on repairs and $6,000 on insurance the first year it was in service. What amount should UNO Corp capitalize for this machine? A. $300,000 B. $304,500 C. $314,500 D. $330,000
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