Question: 1. Use the information below, which relates to the purchase of a machine, to answer the question that follows. Enter your answer using digits only

1. Use the information below, which relates to the purchase of a machine, to answer the question that follows. Enter your answer using digits only - no dollar signs, commas, or decimal points.

Invoice price = 250000
Shipping cost = 3000
Shipping insurance = 500
Two-year insurance policy = 3600
Installation and testing = 5000
Employee training = 1500

What is the acquisition cost of the machine?

2. Question 5 options:

The information below reflects all the inventory transactions for one month. Jan. 01 - Balance 70 units @ $14 each Jan. 09 - Purchased 140 units @ $16 each Jan. 18 - Sold 105 units for $28 each Jan. 26 - Purchased 70 units @ $17 each Jan. 30 - Sold 115 units for $30 each The value of the inventory at the end of the month is Enter digits only, no dollar signs, commas, or decimal points

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