Question: Question 5 ( 1 point ) Listen Drew recently purchased a new machine for his business. The price of the machine was $ 1 2

Question 5(1 point)
Listen
Drew recently purchased a new machine for his business. The price of the machine was $12,000, but Drew also paid $100 in sales tax, $300 in freight, and $1,000 in installation and testing costs. What is Drew's basis in the new machine?
$12,100
$12,400
$13,000
$13,400
Question 5 ( 1 point ) Listen Drew recently

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