23: On March 1, ABC Inc. purchased a new stamping machine for $5,000. ABC Inc. paid cash for the machine. Other costs associated with the machine were: transportation costs of $300; sunk sales tax of $200; grand opening party costs of 250; and installation costs of $100. What cost was recorded for the machine? Options from question 22:

5600 $

5500 $

5850 $

None of the above

5200 $