A company's old machine that cost $41,000 and had accumulated depreciation of $30,900 was traded in on a new machine having an estimated 20-year life with an invoice price of $51,100. The company also paid $43,900 cash, along with its old machine to acquire the new machine. If this transaction has commercial substance, the new machine should be recorded at: Multiple Choice $54,000 $48,200. $41,000 O $10,100. O $51,100