On March 1, Squire Hill Company purchased a new stamping machine with a list price of $168,000. The company paid cash for the machine; therefore, it was allowed a 15% discount. Other costs associated with the machine were: transportation costs, $2,300; sales tax paid, $5,760; installation costs, $2,100; routine maintenance during the first month of operation, $2,200. The cost recorded for the machine was:

A)$144,900.

B)$178,160.

C)$152,960.

D)$168,000.