eTextbook and Media Assistance Use eTextbook 1 eTextbook 2 Attempts: 2 of 3 us c). Sage Corporation bought a new machine and agreed to pay for it in equal annual installments of $4,580 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Sage record as the cost of the machine? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to Odecimal places, es. 458,581.) Cost of the machine to be recorded