On March 1, Bartholomew Company purchased a new stamping machine with a list price of $80,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $2,300; sales tax paid, $5,120; installation costs, $1,500; routine maintenance during the first month of operation, $2,200. What is the cost of the machine? Multiple Choice $83.420 $76,000