Anchor Company purchased a manufacturing machine with a list price of $160,000 and received a 2% cash discount on the purchase. The machine was delivered under terms FOB shipping point and transportation costs amounted to $2,400. Anchor paid $3,000 to have the machine installed and tested. Insurance costs to protect the asset from he and theft amounted to $3,600 for the first year of operations. What is the cost of the machine? 5156.800 $165,800 5159 200 5162.200