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.
Correct Answer:

Verified
Correct Answer:
Verified
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