Asgard$$Corp$.($AC$),$ which has a December $31$ year$-$end,$$purchased$$Machine B on January $1,2026,$ and$$immediately$$brought it into use.$$AC$$paid $$215,000$ for the asset composed of the purchase price of $$200,000,$ $$10,000$ in non$-$refundable taxes, and $$5,000$ in shipping costs.$$ Other pertinent information follows:$$ AC$$uses the straight$-$line method to depreciate all its equipment.$$ The machine is expected to generate cash flows of $$25,000$ per year over its estimated five$-$year useful life with all cash flows occurring at the end of the year. At the end of the asset$$s useful life, AC expects to sell the asset, at auction, for $$20,000.$ The auctioneer charges a $20\%$ sales commission.$$ AC$$s management$$determines$$that $5\%$ is the$$appropriate discount$$rate to use to account for the time value of money.$$ On January $1,2027,$ the market price of similar assets is $$95,000.$ Transaction costs including non$-$refundable taxes and shipping total $$13,000.$Required$1.$ Determine$$the value of AC$$s Machine B as$$at$$January $1,2027,$ for each of the following measurement bases:$$ a$.$ Historical cost$$ b$.$ Fair value$$ c$.$ Value in use$$ d$.$ Current cost$$