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What the capitalized cost of the ten-ton draw press

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Question - Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $182,000 with terms of 3/15, n/45. Payment was made within the discount period. Shipping costs were $4,300, which included $280 for insurance in transit. Installation costs totaled $12,300, which included $5,000 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. What the capitalized cost of the 10-ton draw press?

Reference no: EM133049039

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