Runge Company Purchased Machinery on January 1 at a List

Multiple Choice

Runge Company purchased machinery on January 1 at a list price of $250,000, with credit terms 2/10, n/30. Payment was made within the discount period. Runge paid $12,500 sales tax on the machinery, and paid installation charges of $4,400. Prior to installation, Runge paid $10,000 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery?

A) $261,900.
B) $271,900.
C) $276,900.
D) $252,500.