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On March 1, Bartholomew Company purchased a new stamping machine with a list price of $83,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $2,600; sales tax paid, $5,720; installation costs, $1,650; routine maintenance during the first month of operation, $2,500. What is the cost of the machine?
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On March 1, Bartholomew Company purchased a new stamping machine with a list price of $83,000. The c...
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