anchor company purchased a manufacturing machine with a list price of $100,000 and received a 2% cash discount on the purchase. the machine was delivered under terms fob shipping point, and transportation costs amounted to $5,200. anchor paid $7,500 to have the machine installed and tested. insurance costs to protect the asset from fire and theft amounted to $9,800 for the first year of operations. what is the cost of the machine?
