On March 1, Bartholomew Company purchased a new stamping machine with a list price of $81.000. The company paid cash for the machine, therefore, it was allowed a 5% discount. Other costs associated with the machine were transportation costs, $2,400; sales tax paid, $5,320, installation costs, $1,550; routine maintenance during the first month of operation, $2.300. The cost recorded for the machine was: Muitiple Choice $86.220. $84,670 $76.950 $88,520