Our company bought a new widget machine, and we had the following costs: Price of the machine $120,000. We got a 10% discount on the price for early payment. The machine was shipped to our factory, FOB shipping point, and the freight cost was $2,000. Insurance on the machine for the first year of use, $3,500. When the machine was delivered, it was accidentally dropped, and the cost of repairing it was $1,875. Cost of installation, $1,500. $111,500 $110,500 O $115,000 $116,875 Some other amount