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21. On March 1, Bunler Hill Company purchased a new stamping machine with a list price of $70,000. The company paid cash for the machine,

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21. On March 1, Bunler Hill Company purchased a new stamping machine with a list price of $70,000. The company paid cash for the machine, therefore, it was allowed a 5% discount Other costs associated with the machine were transportation cost $1300, sales tax paid, $3,120Installation costs $1000, routine maintenance during the first month of operation, $1200. The cost recorded for the machine was O $70.920 $73,120 O $71920 O $66,500 MacBook Air AsooHK

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