70. Incidental Petroleum negotiated the purchase of a new piece of equipment. The list price on this equipment was $100,000. After hours of negotiation, Incidental was able to acquire the equipment for $80,000. Sales tax on the equipment was $4.000 and shipping costs of $1.000 were incurred by Incidental. Incidental earned a 1% cash discount by paying for the equipment within ten days. What amount should incidental record as the cost of the equipment? A. $80,000 B. $84,150 C. $84,200 D. $104,000