On March 1, Bartholomew Company purchased a new stamping machine with a list price of $86,000 The company paid cash for the machine, therefore, it was allowed a 5% discount. Other costs associated with the machine were transportation costs, $2.900sales tax paid $6,320, installation costs, $1,800, routine maintenance during the first month of operation, $2,800 The cost recorded for the machine was Multiple Choice O 595,520 592320 581700 590,920