A company purchased new equipment for $$48,000.$ The company paid cash for the equipment. Other costs associated with the equipment were

transportation costs, $$3,000$; sales tax paid $$2,700,$ and installation cost. $$2,400.$ The total capitalized cost reported for the equipment was:

Multiple Cholce

$$51,000$

$$48,000$

$$56\mathrm{.}100$

$$53\mathrm{.}7001$