Harvard Company purchased equipment having an invoice price of $11,500.The terms of sale were 2/10,n/30,and Harvard paid within the discount period.In addition,Harvard paid a $160 delivery charge,$185 installation charge,and $931 sales tax.The amount recorded as the cost of this equipment is:
A) $11,845.
B) $12,776.
C) $11,615.
D) $12,546.
Correct Answer:
Verified
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