On January 3, 2013, Salazar Co. purchased machinery. The estimated useful life is eight years with an estimated salvage of $50,000. The depreciation applicable to this machinery was $130,000 for 2015 (year 3) using the sum-of-the-years digits method.

REQUIRED: Determine the following:

Unless all supporting schedules and computations for every answer are presented in good traceable order, there will be NO credit

$_________________________The acquisition cost of the asset (select from the following: (a)$780,000; (b) $830,000; (c) $836,000; (d) $936,00