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Business, 18.12.2019 17:31 asmith219771

Yocum company purchased equipment on january 1 at a list price of $120,000, with credit terms 2/10, n/30. payment was made within the discount period and yocum was given a $2,400 cash discount. yocum paid $6,000 sales tax on the equipment, and paid installation charges of $1,760. prior to installation, yocum paid $4,000 to pour a concrete slab on which to place the equipment. what is the total cost of the new equipment?

a. $125,360
b. $129,360
c. $131,760
d. $123,600

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Yocum company purchased equipment on january 1 at a list price of $120,000, with credit terms 2/10,...
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