# The following information pertains to the January 2, year 2 transaction replacing a print machine for Hidden Creek Enterprises, Inc.Net book value – old print machine \$20,000Total cost of new machine \$180,000Down payment on new machine \$35,000Sale price of old machine \$30,000Tax rate 30%What is the net total of relevant costs on January 2, year 2?a. \$173,000b. \$153,000c. \$28,000d. 8,000.

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The following information pertains to the January 2, year 2 transaction replacing a print machine for Hidden Creek Enterprises, Inc.
Net book value – old print machine \$20,000
Total cost of new machine \$180,000
Down payment on new machine \$35,000
Sale price of old machine \$30,000
Tax rate 30%
What is the net total of relevant costs on January 2, year 2?
a. \$173,000
b. \$153,000
c. \$28,000
d. 8,000.

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Step 1

Given:

Step 2

Calculate the net total of relevant...

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