Question: Rizio Company purchases a machine for $ 1 0 , 3 0 0 , terms 1 / 1 0 , n / 6 0 ,

Rizio Company purchases a machine for $10,300, terms 1/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $103 discount. Transportation costs of $233 were paid by Rizio. The machine required mounting and power connections costing $712. Another $336 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $215 worth of repairs were made.
Complete the below table to calculate the cost recorded for this machine.

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