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What is the cost of the equipment

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Question: Star Inc. installed new electronic equipment. The electrical work required to prepare for the installation was $18,000. The invoice price of the equipment was $170,000. Additional costs were $3,500 for delivery and $25,500 sales tax ($13,600 of the sales tax was non-refundable and the balance refundable). During the installation, a component of the equipment was damaged because it was carelessly left on the ?oor. The cost of repairing the component was $5,500. What is the cost of the equipment?

Reference no: EM133552201

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