On January 3, 2011, Munoz Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $60,000. The depreciation applicable to this machinery was $130,000 for 2013, computed by the sum-of-the-years'-digits method. The acquisition cost of the machinery was

A) 720,000

B) 780,000

C) 840,000

D) 936,000