Horizon Corporation purchased equipment with the following costs: Cash price Sales taxes Insurance during transit Salaries of workers during time they were involved in set up Insurance on equipment during first year of operation Installation and testing Total costs A) $60,100. B) $59.460. C) $59,900. $55,000 3,600 140 Horizon will record the acquisition cost of the equipment as D) $59,600. 500 300 860 $60.400