What Amount Should Be Recorded as the Cost of a Machine

question 6

Multiple Choice

What amount should be recorded as the cost of a machine purchased December 31, 2010, which is to be financed by making 8 annual payments of $6,000 each beginning December 31, 2011? The applicable interest rate is 8%.

• A)$42,000
• B)$37,481
• C)$63,820
• D)$34,480

---

Definitions:

Suicidal Ideation

The consideration or planning of ending one's own life, often associated with psychological distress or mental health disorders.

Nutritional Imbalance

A state where there is a lack of proportion and equilibrium in the intake of essential nutrients, leading to health problems.

Antidepressant Medication

Medicines prescribed to relieve symptoms of depression by adjusting the chemical imbalances of neurotransmitters in the brain.

Nursing Diagnosis

A clinical judgment about individual, family, or community responses to actual and potential health problems used by nurses to direct care.