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Wildhorse Corp. purchased a piece of equipment on September 30 for $27400. It cost $800 to ship the equipment to the companys facilities and another

Wildhorse Corp. purchased a piece of equipment on September 30 for $27400. It cost $800 to ship the equipment to the companys facilities and another $1000 to install the equipment. After the equipment was installed, the company had to pay an additional $1900 for increased insurance. The capitalized cost of the equipment was

a.$30300.

b.$29200.

c.$28200.

d.$31100.

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