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Ness Corporation purchased a machine with a cost of $ 1 0 0 , 0 0 0 and paid $ 5 0 0 in freight

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Ness Corporation purchased a machine with a cost of $100,000 and paid $500 in freight charges and $1,000 to have it installed. Ness failed to take advantage of a $2,000 discount it would have received if it had paid $98,000 cash within ten days of the purchase. How much is the cost of the machine?
$98,500
$98,500
$99,500
$101,500
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