Other costs associated with the machine

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Reference no: EM131265741

On March 1, Zane Company purchased a new stamping machine with a list price of $23,280. Other costs associated with the machine were: transportation costs, $1,270; sales tax paid, $1,680; installation costs, $450; routine maintenance during the first month of operation, $500. The cost recorded for the machine was:

$23,730.

$24,000.

$26,680.

$25,960.

Reference no: EM131265741

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