the options are

a.106,366

b.93,704

c.86,199

d.187,313

Use the following 8% interest factors to answer the question below: What amount should be recorded as the cost of a machine purchased December 31, 2023, which is to be financed by making 8 annual payments of $10,000 ? Each payment is made at the end of the period. The applicable interest rate is 8%