Sheridan Company purchased equipment on July $1,2021$ for $$95000.$ Sales tax on the purchase was $$950.$ Other costs incurred were freight charges of $$850,$ insurance during shipping of $$180,$ repairs of $$1350$ for damage during installation, and installation costs of $$1090.$ What is the cost of the equipment?

$$95000$

$$96620$

$$98070$

$$99420$