Rodgers Company Purchased Equipment and These Costs Were Incurred Rodgers Will Record the Acquisition Cost of the Equipment as

Rodgers Company purchased equipment and these costs were incurred: $\begin{array}{lr}\text { Cash price } & \$ 45,000 \\\text { Sales taxes } & 3,600 \\\text { Insurance during transit } & 640 \\\text { Installation and testing } & \underline{\text{ 860 }} \\\text { Total costs } & \$ 50,100\end{array}$ Rodgers will record the acquisition cost of the equipment as

A) $45,000.
B) $48,600.
C) $49,240.
D) $50,100.