Question

Colson Photography Service purchased a new digital imaging machine on April 15 for $11,200.
During installation Colson incurred and paid in cash the following costs:
Rental of drill ........... $ 150
Electrical contractor ........ 1,300
Plumbing contractor ....... 785
Colson also paid $160 to replace a bracket on the digital imager that was damaged when one of Colson’s employees dropped a box on it while it was being installed.

Required:
1. Determine the cost of the digital imaging machine.
2. Conceptual Connection: Explain why you included or excluded the $160 bracket replacement cost.


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  • CreatedSeptember 22, 2015
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