Question: On 1 July 2 0 . 1 , Joe Traders bought a photocopier for R 8 4 0 0 0 . BB Logistics delivered the

On 1 July 20.1, Joe Traders bought a photocopier for R84000. BB Logistics delivered the photocopier to Joe Traders and charged R2500. RG IT Support installed the photocopier for R1500. Financing costs on loans of R3500 and maintenance costs amounted to R 1850 were paid in cash to acquire a photocopier. Joe Traders uses the fixed instalment method, and the photocopier will be depreciated at 25% per annum. Joe Traders also purchased 1000 boxes of A4 copier paper on 1 July 20.1 for R130000. The financial year-end of Joe Traders is 30 June.
What is the cost price of the photocopier?
NB: Instructions
Do not type the amount with any spaces as separators for thousands (eg: 12141)
Round off to the nearest Rand (eg 50.56 is 51)
Only show the amount, do not show the R (eg: 12141)
 On 1 July 20.1, Joe Traders bought a photocopier for R84000.

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