Question 4 (2 points) On October 1, 2021, Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $2,100; installation wiring and foundation, $2,200; material and labor costs in testing equipment, $700; oil lubricants and supplies to be used with equipment during the life of the asset, $500; fire insurance policy covering equipment for three years, $1,400. Find the Cost of the Equipment. a) $96,400 b) $96,900 c) $95,000 d) $94,300