Worthington Chandler Company Purchased Equipment for $10,000

question 73

Multiple Choice

Worthington Chandler Company purchased equipment for $10,000.Sales tax on the purchase was $500.Other costs incurred were freight charges of $200, repairs of $350 for damage during installation, and installation costs of $225.What is the cost of the equipment?

• A)$10,000
• B)$10,500
• C)$10,925
• D)$11,275