Bake Shop bought a new air conditioning system when the old one stopped working The invoice price of the system was 40,000 David's also had the following expenses associated with the purchase Delivery charge $1,925 Installation $3,253 Power to run the system for the first year 1,275 What amount should David's record on the books for this air conditioning system What amount should David's record on the books for this air conditioning system Total cost

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Question: Bake Shop bought a new air-conditioning system when the old one stopped working. The invoice price of the system was 40,000. David's also had the

Bake Shop bought a new air-conditioning system when the old one stopped working. The invoice price of the system was 40,000.

David's also had the following expenses associated with the purchase:

Delivery charge	$1,925
Installation	$3,253
Power to run the system for the first year	1,275

What amount should David's record on the books for this air-conditioning system?What amount should David's record on the books for this air-conditioning system?




Total cost

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