Mount Company purchased a machine at an invoice cost of $25,000 subject to terms of 2/10,n/30.The discount was taken.Additional costs were installation,$1000;insurance on the machine after it was in operation,$500.The total cost to be added to the machinery account is:

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The Answer of Mount Company purchased a machine at an invoice cost of $25,000 subject to terms of 2/10,n/30.The discount was taken.Additional costs were installation,$1000;insurance on the machine after it was in operation,$500.The total cost to be added to the machinery account is:

Mount Company Purchased a Machine at an Invoice Cost of $25,000