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Rebel Corporation recently purchased and installed a new machine for its manufacturing plant. The company incurred the following costs: Purchase price = $14,440 Freight and

Rebel Corporation recently purchased and installed a new machine for its manufacturing plant. The company incurred the following costs: Purchase price = $14,440 Freight and insurance = $960 Installation = $350 Testing = $150 Maintenance and training costs = $850 What is the total cost of the machine that will be shown on Rebel Corporation's balance sheet? O a $15,400 O b. $15,750 O c. $15,900 O d. $16,750

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