A Click Submit to complete this assessment. Question 5 Rashid Co. purchased a new machine for $386,000 cash on January 2. 1 points On January 3, Rashid paid $7,440 to install and assemble the machine, with an additional $1,970 for electricity wiring. At time of installation, the machine was slightly damaged, and Rashid incurred $1500 in repairs. Compute the cost of the machine that will be recorded in Rashid's books at the time of purchase. O 395,400 386.500 395,410 O 385,000 Click Submit to complete this assessment. O S 9 E Activate Windows Question Sos 7:45 PM AWAS ENG 3/10/2022