Mega purchases five machines for $66,000, not including sales tax of $1,500. The cost to transport the machines across the country is $6,300. In preparing the machines for use, Mega incurs labor cost of $2,000 and materials of $1,700. The cost of electricity and maintenance in the first year is $11,000. What is the total cost of the machine for purposes of calculating depreciation?
a. $88,500
b. $77,500
c. $67,500
d. $66,000