Granite Company purchased a machine costing $123,000, terms 1/10, n.30. The machine was shipped FOB shipping point and freight charges were $2,300. The machine requires special mounting and wiring connections costing $10,300. When installing the machine, $1,800 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period. Multiple Choice 05 $137770 $134,370 O $133,870 O $139,000 O A company sold a tractor that originally cost $130,000 for $25,000 cash. The accumulated depreciation on the tractor was $64,500. The company should recognize: Multiple Choice A gain of $25,000 A loss of $40.500 A loss of $65,500 A gain of $65,500