Question 3 1 points Save Antw Rashid Co. purchased a new machine for $386,000 cash on January 2. On January 3, Rashid paid $7,440 to install and assemble the machine, with an additional $1,970 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 386,500 O 395,410 O 386,000 O 395,400