Broham Manufacturing Company Purchased a Machine on January 2,2014

Multiple Choice

Broham Manufacturing Company purchased a machine on January 2,2014.The invoice price of the machine was $40,000,and the vendor offered a 2 percent discount for payment within ten days.The following additional costs were incurred in connection with the machine:

If the invoice is paid within the discount period,Broham should record the acquisition cost of the machine at

A) $41,650.
B) $41,100.
C) $40,400.
D) $39,200.