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Business, 24.12.2020 16:30 neellllllss

Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $172,000 with terms of 2/15, n/45. Payment was made within the discount period. Shipping costs were $4,600, which included $220 for insurance in transit. Installation costs totaled $11,100, which included $4,900 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the 10-ton draw press is:

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Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $172,000 with terms of 2/15, n/45....
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