The Company purchased a machine costing $126,000, terms 1/10, n/30. The machine was shipped FOB shipping point and freight charges were $2,600. The machine requires special mounting and wiring connections costing $10,600. When installing the machine, $2,100 in damages occurred. Compute the cost recorded for this machine assuming the Company paid within the discount period.

Multiple Choice

• $138,140.

• $143,200.

• $141,940.

• $137,440.

• $137,940.