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Granite Company purchased a machine costing $120,000, terms 1/10,n/30. The machine was shipped FOB shipping point and freight charges were $2000. The machine requires special

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Granite Company purchased a machine costing $120,000, terms 1/10,n/30. The machine was shipped FOB shipping point and freight charges were $2000. The machine requires special mounting and wiring connections costing $10,000. When installing the machine, $1500 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period. $134,800.$133,600.$130,800.$130,300.$131,000

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