_____ on 8/3/06, Buyox Entered into a Noncancellable Purchase Agreement

_____ On 8/3/06, Buyox entered into a noncancellable purchase agreement with a British vendor involving a custom-made machine. Buyox took delivery of the machine on 12/1/06 (120 days later) . The purchase price was 100,000 pounds, which Buyox remitted to the vendor on l/30/07 (60 days after delivery) . Direct exchange rates on the respective dates are as follows:
Also on 8/3/06, Buyox entered into a 180-day FX forward to buy 100,000 pounds. What should be the capitalized cost of the equipment?

A) $160,000
B) $164,000
C) $167,000
D) $170,000
E) None of the above.