A company's old machine that cost $47,000 and had accumulated depreciation of $36,300 was traded in on a new machine le with an invoice price of $57700. The company also paid $49,300 cash, along with its old machine to acquire the new machine. If this transaction has commercial substance, the new machine should be recorded at Muliple Choice $47000 $5.400 $10,700 8 command optin