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Question 1 1 points Rashid Co. purchased a new machine for 5386,000 cash on January 2 On January 3, Rashid paid 57,440 to install

Question 1 1 points Rashid Co. purchased a new machine for 5386,000 cash on January 2 On January 3, Rashid paid 57,440 to install and assemble the machine, with an additional 51,970 for electricity wiring. At time of installation, the machine was slightly damaged, and Rashid incurred $1500 in repairs. Compute the cost of the machine that will be recorded in Rashid's books at the time of purchase. O 380,000 395,410 O 395,400 O 386,500 Activate Windows

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