Question: C ompany ABC buys a new machine with a list price of $ 5 0 , 0 0 0 plus an 8 % sales commission.

C ompany ABC buys a new machine with a list price of $50,000 plus an 8% sales commission. Shipping costs are $800 FOB Destination. Installation costs are $1000. What cost does Company ABC record for the new machine?: *
a. $47,000
b. $50,000
c. $54,000
d. $55,000
e. $55,800
Acme Company ages Its accounts recelvables based on the following schedule:
\table[[,,Number of Days Past Due,],[,Not Due,1-30?,31-90?, Over 90?()
 C ompany ABC buys a new machine with a list price

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