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Granite Company purchased a machine costing $122,000, terms 3/10, 1/30. The machine was shipped FOB shipping point and freight charges were $2,200. The machine requires

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Granite Company purchased a machine costing $122,000, terms 3/10, 1/30. The machine was shipped FOB shipping point and freight charges were $2,200. The machine requires special mounting and wiring connections costing $10,200. When Installing the machine, $1,700 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period. Multiple Choice $137.600 $130,940 $130,740 $130.240

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