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  3. 2. mr. dennis purchased a machine for use in his b

2. Mr. Dennis purchased a machine for use in his business. Mr. Denniscosts in connection...

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Accounting

2. Mr. Dennis purchased a machine for use in his business. Mr. Denniscosts in connection with this purchase were as follows : Note to seller Cash paid to seller State sales tax Freight to place of business Wages paid to workers to install machine $ 33,0005,0002,4001,5004,200 What is the amount of Mr. Dennis' basis in the machine? A ) $ 33,000 B ) $ 40,400 C )41,900 D )46,100

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