Question 5 2.5 pts Ince Bradford & Sons purchased new equipment and gave you the following information related to the purchase: Purchase Price: $60,000 Specialized training costs: $1,500 Freight FOB Destination: $2,000 Installation costs: $1,000 Annual permit: $200 Salvage value: $4,000 Ave Bradford & Sons was able to negotiate a 1% discount off the purchase price. During installation, an employee broke a sprocket on the equipment which cost $300 to repair. What is the total capitalized cost of the equipment? O a 564,400 Fire b. 564,200 EL $63,900 d. $62.100 e $61,900