a-company-purchases-a-piece-of-machinery-for-50000-they-also-pay-2000-in-taxes-1

Question

A company purchases a piece of machinery for $$50,000. They also pay 2$$,000 in taxes, $$1,500 for installation, and 500 $$for delivery. What is the initial cost of the machinery?

Accepted Answer

$54,000

Answer

$50,000

Answer

$52,000

Answer

$53,000

A company purchases a piece of machinery for \$50,000. They also pay \$2,000 in taxes, \$1,500 for installation, and \$500 for delivery. What is the initial cost of the machinery?