Anchor Company purchased a manufocturing machine with a list price of $94,000 and received a 2% cash discocint on the purchase. The machine was delivered under terms Free On Board shipping poirh, and freight costs amounted to $4,000. Anchor paid $5,700 to have the machine instalied and tested. Insurance costs to prosect the asset fron fire and thef amounted to $7,400 for the first year of operations. Bosed on this information, the amount of cost recorded in the asset account would be: Mutipie chores 5161820 s92,ro 396.29. 502720