Joanie is in her junior year of high school and is planning her future. Based on rent in her city and her new car payment, she n
eeds to be earning between $800 and $1,000 per week to stay within her budget. Based on the table above, which educational choice would give her the best chance of meeting her budget goals? A. Less than a high school diploma B. A high school diploma C. Associate degree D.Bachelor’s degree
1 answer:
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Answer: $495,000 User “Parrain” is the person who solved this question
Explanation: ALL costs that went into the DIRECT acquisition of the asset as well as COSTS TO SET IT UP for use by the firm should be accounted for in the amount recorded. In this case that would mean that the cost price, the closing fees and the modification fees all need to be accounted in the final amount. That would be $400,000 + $35,000 + $60,000= $495,000$495,000 should be recorded as the building's cost.
