Granite Company purchased a machine costing $133,000, terms 2/10, n/30. The machine was shipped FOB...
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Granite Company purchased a machine costing $133,000, terms 2/10, n/30. The machine was shipped FOB shipping point and freight charges were $3,300. The machine requires special mounting and wiring connections costing $11,300. When installing the machine, $2,800 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period.
$153,000.
$145,140.
$150,340.
$144,440.
$144,940.
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