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Question 5 (1 point) Our company bought a new widget machine, and we had the following costs: Price of the machine $120,000. We got a

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Question 5 (1 point) 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. Question 5 (1 point) 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

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