The Johnson and Johnson Company is considering a new drilling rig for its manufacturing facility to replace an old drilling rig that originally cost $10,000 and has $7,000 of accumulated depreciation.
The new machine can be purchased for an out-of-pocket cost of $16,000, but the dealer for the new drilling machine has offered to accept the old machine as a trade-in, thus reducing the cost of the new machine to $14,000.
 Based on this information, calculate the relevant total cost of acquiring the new machine.