The following information applies to the questions displayed below During Year 1, Ashkar Company ordered a machine on January 1 at an invoice price of $21000 On the date of delivery, January 2, the company paid $6,000 on the machine, with the balance on cedit at O percent interest due n sx months n Jenuary 3, t paid S? O for eight on the machine On January Ashkar pad i stal abon costs relating to the ma e ne anda ting o $2.500. On July 1, the company paid the belance due on the machine plus the interest On December 31 the end of the accounting period), Ashkar recorded depreciation on the mochine using the straight-ine method with an estimated useful ide of 10 years and an estimated residual value of $4,000 Required Informatiorn 11.11 points 2. Compute the acquisition cost of the machine f the Mac Freight costs 5 1,000 2500 Cash paid payable with suppler Acquisition cost $ 3,500