How would your answer change, if at all, if the $250,000 cash price were not available?

Select the statement that supports how the entry to record the acquisition of the machine would change if the $250,000 cash price were not available.

A. The cost of the machine is the note payable plus the preferred stock.

B. The cost of the machine is the book value to the seller.

C. The cost of the machine is the discounted note payable plus the preferred stock issued plus the cash paid.

D. The cost of the machine is the note payable plus the preferred stock issued less cash paid.