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Discuss nezcorps balance sheet at what amount

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Nezcorp acquires an item of equipment, paying the vendor $6,800,000 (which reflects a 2% discount for early payment). Nezcorp was required to pay the shipping, which was separately billed ($9,100). When the equipment arrived it was set up (at a cost of $1300) and tested (at a cost of $5,200). It was then delivered to the location in which it would be used (that cost $1,900). That area had to be rewired (cost $2,600) in order to utilize the new equipment. The equipment will go on Nezcorp's balance sheet at what amount?

Reference no: EM131792333

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