Question: Q10 plz give correct answer in 10 mins thanks QUESTION 10 Presto Company purchased equipment and these costs were incurred: Cash price $27,500 Insurance during

 Q10 plz give correct answer in 10 mins thanks QUESTION 10

Q10 plz give correct answer in 10 mins thanks

QUESTION 10 Presto Company purchased equipment and these costs were incurred: Cash price $27,500 Insurance during use 1,800 Insurance during transit 320 Installation and testing 430 Total costs $30.050 Presto will record the acquisition cost of the equipment as O $27,500 O $28,250 O $29,620 O $30,050

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