. Miscellaneous costs associated with the purchase of new equipment include:

Insurance costs while the equipment is in use $1,900

Maintenance costs while the equipment is in use 800

Insurance costs while the equipment is delivered 2,300

Cost of test run 700

What is the amount assigned to the new equipment?

A. $700

B. $4,900

C. $5,700

D. None of the above

Your answer (A, B, C, or D)

Show your calculation in detail.