a-company-purchases-equipment-for-80000-pays-4000-in-taxes-2000-for-delivery-and

Question

A company purchases equipment for $80,000, pays $4,000 in taxes, $2,000 for delivery, and $1,000 for installation. What is the total initial cost of the equipment?

Accepted Answer

$87,000

Answer

$86,000

Answer

$85,000

Answer

$88,000

A company purchases equipment for \$80,000, pays \$4,000 in taxes, \$2,000 for delivery, and \$1,000 for installation. What is the total initial cost of the equipment?