On August $1,2022,$ Happy Corporation purchased a new machine on a deferred payment basis. A down payment of $$39,546$ was made and $4$ monthly installments of $$32,955$ each are to be made beginning on September $1,2022.$ The cash equivalent price of the machine was $$158,184.$ Happy incurred and paid installation costs amounting to $$6,591.$ The amount to be capitalized as the cost of the machine is

$$171,366$

$$177,957$

$$164,775$

$$158,184$