On March 1, Bartholomew Company purchased a new stamping machine with a list price of $73,000. The company paid cash for the machine, therefore, it was allowed a 5% discount Other costs associated with the machine were transportation costs, $1600; sales tax paid $3,720, Installation costs, $1150; routine maintenance during the first month of operation, $1,500. What is the cost of the machine? Multiple Choice $75,820 $74,670 $69,350 $77320