At the beginning of the year, Oakmont Company bought three used machines from American Manufacturing, Inc. The machines immediately were overhauled, were installed, and started operating ecause the machines were different, each was recorded separately in the accounts Machine A Machine B Machine C Amount paid for asset Installation costs Renovation costs prior to use Repairs after production began $19,700 $10,200 $9,900 300 700 580 350 150 320 600 400 1,000 By the end of the first year, each machine had been operating 4,000 hours Required 1. Compute the cost of each machine. Cost of Machine Machine A Machine B Machine C