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pace x | S Ch 10: Homework - 2024 FA | x M Question 4 - Ch 10: Homewor x M CH10 Exercises ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fc ework i Saved Exercise 10-1 (Algo) Cost of plant assets LO C1 Rizio Company purchases a machine for $11,800, terms 1/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $118 discount. Transportation costs of $267 were paid by Rizio. The machine required mounting and power connections costing $816. Another $385 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $285 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. Amount Included in Cost of Equipment: Invoice price of machine Net purchase price Total cost to be recorded