Company X acquired a machine in early December 2019. The machine cost 80,000. To get the machine ready for use, Company X incurred installation costs of 10,000. In addition, some of the workers had to be trained to operate the machine, which cost 4,000.

What is the cost of the machine in the statement of financial position as at 31 December 2019?

Group of answer choices

80,000

90,000

84,000

94,000