Granite Company purchased a machine costing $127,400. Granite paid freight charges of $3,000. The machine requires special mounting and wiring connections costing $11,000. When installing the machine, $2,500 in damages occurred. Compute the cost recorded for this machine.

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?