United Corporation installed new computer equipment. The electrical work required to prepare for the installation was $18,000. The invoice price of the equipment was $180,000. Additional costs were $4,000 for delivery and $22.700 sales tax ($10,100 of the sales tax was non-refundable and the balance refundable). During the installation, a component of the equipment was damaged because it was carelessly left on the floor. The cost of repairing the component was $2,750. What is the cost of the equipment? Cost of equipment