Terra Corp.purchased a new enterprise software system and incurred the following costs: 
What is Terra Corp.'s basis in the software system?
Definitions:
Resource Supply Curve
A graphical representation illustrating the relationship between the price of a specific resource and the amount of it that suppliers are willing to produce and sell.
Nominal Wage
The amount of money paid to an employee without adjustment for inflation or deflation, often referred to as the dollar wage.
Price Level
The mean of present costs for all types of products and services generated within the economy.
Real Wage
Refers to the purchasing power of wages, taking into account the effects of inflation and deflation on the value of money.
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