Answer the following question:

Chasy Corp. incurred the following costs, all paid in cash, when the company purchased a photocopier on May 1, 2021:

Invoice price of $21,000, freight of $1,200, paper and ink supplies of $260, installation of $2,500, cost of testing after installation $430, and 1-year insurance policy of $240.

What is the acquisition cost of the photocopier?

a) 25,370

b) 25,130

c) 23,930

d) 25,630

e) 24,700