Question: Can you help me solve this general accounting problem using the correct accounting process? Omega Company recently purchased a machine by paying $8,000 cash and

Can you help me solve this general accounting problem using the correct accounting process?

Can you help me solve this general accounting
Omega Company recently purchased a machine by paying $8,000 cash and signing a 9-month, 12% note for $6,000. In addition to the purchase price, Omega incurred the following costs related to the machine: . Freight charges: S600 . Interest charges: $720 . Special foundation for the machine: $350 . Installation costs: $900 Determine the cost of the machine

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