What is the total cost of equipment

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Reference no: EM131290143

New equipment was purchased by Hunter Corp. at a list price of 99,000, with credit terms of 2/10, n/30. Payment was made within the discount period and included 7,800 sales tax in addition to the net purchase price. The company also paid delivery charges of 940 and labor costs of 1380 for installing the new equipment at the appropriate location. During installation, an inexperienced employee punctured several containers with a forklift, causing damage to the equipment. Cost to repair the damage was 1,960. What is the total cost of Hunter's equipment?

Reference no: EM131290143

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