ABC purchased equipment on January 1 at a list price of $100,000, with credit terms 2/10, n/30. Payment was made within the discount period and ABC was given a $2,000 cash discount. ABC paid $6,000 sales tax on the equipment, and paid installation charges of $2,000. Prior to installation, ABC paid $4,000 to build a foundation on which to place the equipment. What is the total cost of the new equipment? O $110,000. $112,000 O $98,000 $108,000