Question: Rizio Co. purchases a machine for $ 12,700 terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $254 discount.

Rizio Co. purchases a machine for $ 12,700 terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $254 discount. Transportation costs of $287 were paid by Rizio. The machine required mounting and power connections costing $878. Another $414 is paid to assemble the machine and $40 of materials are used to get it into operation. During installation, the machine was damaged and $370 worth of repairs were made.

Complete the below table to calculate the cost recorded for this machine.

Give a clear answer. No confusion please. thanks

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