Question: is this answer correct? Current Attempt in Progress Pharoah Company purchased machinery on January 1 at a list price of $260000, with credit terms 3/10,

is this answer correct? is this answer correct? Current Attempt in Progress Pharoah Company purchased machinery

Current Attempt in Progress Pharoah Company purchased machinery on January 1 at a list price of $260000, with credit terms 3/10, r/30. Payment was made within the discount period. Pharoah paid $160000 sales tax on the machinery and paid installation charges of $4400. Prior to installation, Pharoah paid $11700 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery? $412200. $428300. $416600. $436100 Attempts: 0 of 1 used Submit Answer Save for Later Last saved 1 hour ago. Saved work will be auto-submitted on the due date

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