Crane Company purchased equipment on account on September 3,2022 , at an invoice price of $181,000. On September 4,2022 , it paid $3,800 for delivery of the equipment. A one-year, $1,900 insurance policy on the equipment was purchased on September 6 , 2022. On September 20,2022, Crane paid \$4,200 for installation and testing of the equipment. The equipment was ready for use on October 1, 2022. Crane estimates that the equipment's useful life will be four years, with a residual value of $16,500. It also estimates that, in terms of activity, the equipment's useful life will be 86,250 units. Crane has a September 30 fiscal year end. Assume that actual usage is as follows: Determine the cost of the equipment. Cost of equipment $ eTextbook and Media Attempts: unlimited (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above