Oregon Manufacturing Co. purchased a 10-ton draw press at a cost of $189,000 with terms of 4/15, n/45. Payment was made within the discount period. Shipping costs were $5,100, which included $340 for insurance in transit. Installation costs totaled $12,700, which included $3,600 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the 10-ton draw press is:

Multiple Choice

• a-$202,740.

• b-$197,240.

• c-$199,240.

• d-$204,240.