# A company purchased a 1 0 - ton draw press at a cost of $ 1 7

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## Question:

A company purchased a $10\text{}-$ton draw press at a cost of $$178,000$ with terms of $\frac{3}{15},\frac{n}{45}.$ Payment was made within the discount period. Shipping costs were $$4,900,$ which included $$270$ for insurance in transit. Installation costs totaled $$11,500,$ which included $$4,100$ for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the $10\text{}-$ton draw press is: