ABC Inc. purchased a truck for a discounted price of $90,000, paid a 10% sales tax, $1500 registration fee, $2,500 insurance premium, and $1000 final destination delivery fee. ABC. Inc. estimated useful life of 10 years with a residual value of $20,000 for this truck. They sold the truck at the end of year seven for $67,000 and paid a $2,000 broker fee. Assume we calculate depreciation using the straight line method. Question 1 How much did the equipment originally cost? >>>> 1 pts