Alfred owns a printing company. He purchased a new printer and placed it into use during the tax year. The printer cost $95,000. The sales tax was $4,750, the delivery cost was $3,000, and the installation costs were $1,300. The company took a section 179 deduction of $15,000 for the machine for the year of purchase prior to calculating any regular depreciation deductions. What is the basis of the printer that should be used to calculate regular depreciation deduction?

a) $ 89,050

b) $115,750

c) $111,000

d) $ 80,000