Marburg Manufacturing purchased a machine on January 2, 2014. The invoice price of the machine was $40,000 and the vendor offered a 2% discount if full payment was made within ten days. The following additional costs were incurred in connection with the machine: Freight and shipping costs $1,200
Installation costs 700
Testing prior to operation 550
If Marburg pays the invoice within the discount period, what is the cost of the machine that should be recorded in the accounting records?
a. $39.200.
b. $41.650.
c. $41.100.
d. $40,400.

What is the relationship between credit and debt?

Power plants that rely on coal increase the amount of sulfur dioxide that dissolves into the air, eventually increasing the acidity of precipitation. the higher acidity of rain and snow can damage forests by making it more difficult for plants to absorb minerals from the soil. the equations below provide information about the market demand and supply of electricity. there is a constant marginal external cost of $25 per unit of electricity.d: qd= 200 – 2ps: qs=p – 10what quantity of electricity satisfies allocative efficiency in this market? a. 60b. 70c. 50d. 43.3

During a liquidation, a partner's capital account balance drops below zero. what should happen? select one: a. the deficit balance should be removed from the accounting records with only the remaining partners sharing in future gains and losses.b. the partner with a deficit should contribute enough assets to offset the deficit balance if he is solvent.c. the other partners should contribute enough assets to offset the amount of deficit if the partner with a deficit is insolvent.d. both b & c