Carla Vista Co. purchased machinery on January 1 at a list price of $340000, with credit terms 3/10, n/30. Payment was made within the discount period. Carla Vista paid $35750 sales tax on the machinery and paid installation charges of $5800. Prior to installation, Carla Vista paid $10000 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery?

The answer is  passage 1.

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