Rains Company Purchased Equipment on January 1 at a List

Multiple Choice

Rains Company purchased equipment on January 1 at a list price of $125000 with a 2% discount if payment is made within a 10-day discount period.Payment was made within the discount period.Rains paid $6250 sales tax on the equipment and paid installation charges of $2200.Prior to installation Rains paid $5000 to pour a concrete slab on which to place the equipment.What is the total cost of the new equipment?

A) $131250.
B) $135950.
C) $138450.
D) $126250.