Watch the 2013 Ben Affleck speech for grammies 4. What counterclaims does the speaker address, and how does he respond to them?

Write your answer here.

(Score for Question 5: ___ of 5 points)

5. What examples of fallacious reasoning, distorted or weak evidence, and exaggerated language occur in the speech?

Write your answer here.

(Score for Question 6: ___ of 5 points)

6. Write a 1–2 paragraph evaluation of the speaker’s argument. Discuss whether the speaker used valid reasoning and sufficient evidence to support his viewpoint.

Write your answer here.

$103,580

Explanation:

The Cost of Machine according to IAS 16 include Purchase costs less trade discounts and rebates plus any direct costs incurred to put the asset in the location and condition intended for use by management.

Calculation of the Cost of Machine

Purchase Price                                      $91,000

Cash discount $91,000 x 2%                ($1,820)

Transport Cost                                       $3,400

Installation  and testing costs               $4,800

Insurance costs                                      $6,200

Total Cost                                            $103,580

Therefore,

the cost of the machine is  $103,580