Square Company, acquired a machine that involved the following expenditures and related factors: Gross invoice price $152,000 Sales tax 5,700 Cash discount taken 2,280 Freight 2,700 Assembly of machine 3,600 Installation of machine 5,400 Assorted spare parts for future use 10,800 Tuning and adjusting machine before use 1,800 The initial accounting cost of the machine should be: Select one: A. $135,480 B. $168,920 C. $120,120 D. $130,920 Previous page