Runge Company Purchased Machinery on January 1 at a List

Multiple Choice

Runge Company purchased machinery on January 1 at a list price of $300,000, with credit terms 2/10, n/30.Payment was made within the discount period.Runge paid $15,000 sales tax on the machinery and paid installation charges of $5,300.Prior to installation, Runge paid $12,000 to pour a concrete slab on which to place the machinery.What is the total cost of the new machinery?

A) $314,300
B) $326,300
C) $332,300
D) $309,000