Business, 24.03.2021 19:10 isabelperez063

Hyde Boats purchased machinery on January 1 at a list price of $295,000, with credit terms 3/10, n/30. Payment was made within the discount period. Hyde Boats paid $17,700 sales tax on the machinery, and paid installation charges of $3,900. Hyde Boats also paid $15,900 to pour a concrete base that was necessary to place the machinery in service. What is the total cost of the new machinery?
A. $332.500
B. $323.650
C. $307.750
D. $319.750

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Hyde Boats purchased machinery on January 1 at a list price of $295,000, with credit terms 3/10, n/3...

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