34 Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $182,000 with terms of 3/15, n/45. Payment was made within the discount period. Shipping costs were $3,900, which included $330 for insurance in transit. Installation costs totaled $12,200, which included $3,900 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the 10-ton draw press is:

Multiple Choice

Top of Form

$196,140.

$190,640.

$197,640.

$192,640.