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A used machine with a purchase price of $31,962.00, requiring an overhaul costing $8,870.00, installation costs of $4,517.00, and special acquisition fees of $19,050.00, would

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A used machine with a purchase price of $31,962.00, requiring an overhaul costing $8,870.00, installation costs of $4,517.00, and special acquisition fees of $19,050.00, would have a cost basis of Select the correct answer. $96,836.00 $31,962.00 $64,399.00 O $40,832.00

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