Question

Bonita Industries has several outdated computers that cost a total of $18400 and could be sold as scrap for $6400. They could be updated for an additional $3100 and sold. If Bonita updates the computers and sells them, net income will increase by $9000. At what price were the updated versions sold?

a. 13,400
b. 6600
c. 6800
d. 8000

Answer 1

the updated version should be sold at $18,500

Step-by-step explanation:

The computation of the selling price is given below:

= Sale value of scrap + additional amount sold + increase of net income

= $6,400 + $3,100 + $9,000

= $18,500

Hence, the updated version should be sold at $18,500

This is the answer but the same is not provided in the given options