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Business, 25.06.2020 06:01 PBWaffles4864

Cullumber Company purchased machinery on January 1 at a list price of $320000, with credit terms 4/10, n/30. Payment was made within the discount period. Cullumber paid $21750 sales tax on the machinery and paid installation charges of $5900. Prior to installation, Cullumber paid $11200 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery

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Cullumber Company purchased machinery on January 1 at a list price of $320000, with credit terms 4/1...
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