Monument Company $($a U$.$S$.-$based company$)$ ordered a machine costing $150,000$ from a foreign supplier on January $15,$ when the spot rate was $$1\mathrm{.}19$ per $.$ A one$-$month forward contract was signed on that date to purchase $150,000$ at a forward rate of $$1\mathrm{.}21.$ The forward contract is properly designated as a fair value hedge of the $150,000$ firm commitment. On February $15,$ when the company receives the machine, the spot rate is $$1\mathrm{.}20.$

Required:

Determine the amount at which Monument Company should capitalize the machine on its books.