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For what amount will bahama record the dishwasher

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Question - Bahama Catering purchased a commercial dishwasher by paying cash of $5,700. The dishwasher's fair value on the date of the purchase was $6,080. The company incurred $420 in transportation costs, $260 installation fees, and paid a $250 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher?

$6,380

$6,630

$6,760

$6,080

Reference no: EM132083950

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