Saved Help Save & Exit Sub Anchor Company purchased a manufacturing machine with a list price of $92,000 and received a 2% cash discount on the purchase. The machine was delivered under terms free on board (FOB) shipping point, and transportation costs amounted to $3,600. Anchor paid $5,100 to have the machine installed and tested. Insurance costs to protect the asset from fire and theft amounted to $6,600 for the first year of operations. What is the cost of the machine? Multiple Choice $90,160 $93,760 $105,460