Question: Nell Computers, Inc. purchased a new machine which cost $25,000. In addition, Nell had to pay shipping charges related to the computer of $500. Training

Nell Computers, Inc. purchased a new machine which cost $25,000. In addition, Nell had to pay shipping charges related to the computer of $500. Training costs for employees related to using the machine totaled $1,500. Finally, Nell paid an additional $250 per year to ensure the machine. At what amount should the machine be recorded?

A) $25,000

B) $25,500

C) $27,000

D) $27,250

Do not copy from chegg.

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