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Question 4 Crinkoff purchased a grinding machine for their factory. The following costs were incurred: $69,000 $3,000 $750 $200 $600 Purchase price Sales tax Shipping

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Question 4 Crinkoff purchased a grinding machine for their factory. The following costs were incurred: $69,000 $3,000 $750 $200 $600 Purchase price Sales tax Shipping Shipping insurance between seller and factory Extended warranty for any issues over the first year For what amount should Crinkoff record on the balance sheet for the machine? OOOC $72,950 $73,550 $72,750 $77,500 C D

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