Gordon Company purchases a new equipment for $52,750. Gordon also incurred the following costs: $5,230 in sales taxes, $2,000 in handling and storage fees, $4,250 in installation and testing, $300 in supplies for maintenance, $3,250 in preparation of the site to place the new equipment. What does Gordon Company record as the cost of the new equipment? O $52,750 O $67,480 O $62,230 $57.980 $67,780 $64,230