Anchor Company purchased a manufacturing machine with o fist price of $91,000 and recelved a 2% cash discount on the purchase. The machine was detivered under terms FOB shipping point, and transportation costs amounted to $3,400. Anchor paid $4,800 to have the machine installod and tested Insurance costs to protect the asset from fire and theft amounted to $6,200 for the first year of operations. What is the cost of the machine? Multiple Choice $97,380 $92.580 5103,580 $89,180