HELP PLEASE:
Bahama Catering purchased a commercial dishwasher by paying cash of $5,100. The dishwasher's fair value on the date of the purchase was $5,480. The company incurred $420 in transportation costs, $370 installation fees, and paid a $300 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher?
a. $5,480
b. $6,190
c. $5,890
d. $6,270
