View Policies Show Attempt History Current Attempt in Progress 0/5 Wildhorse Limited purchased a machine on account on April 1, 2021, at an invoice price of $374,490. On April 2, it paid $1.980 for delivery of the machine. A one-year, $4.130 insurance policy on the machine was purchased on April 5. On April 19. Wildhorse paid $7,680 for installation and testing of the machine. The machine was ready for use on April 30, Wildhorse estimates the machine's useful life will be five years or 6,234 units with a residual value of $86,580. Assume the machine produces the following numbers of units each year: 866 units in 2021: 1.548 units in 2022: 1.533 units in 2023: 1.283 units in 2024 and 1,004 units in 2025. Wildhorse has a December 31 year end. (a) * Your answer is incorrect. Determine the cost of the machine.