Sobande Incorporation acquired a machine that involved the following expenditures and related factors.

N

Gross invoice price 15,000

Sales tax 900

Purchases discount taken 300

Freight 750

Assembly of machine 500

Installation of machine 800

Assorted spare parts for future use 1200

Turing and adjusting machine 700

What is the initial accounting cost of the machine?

• A N19,550
• B N18,950
• C N18,350
• D N17,500