Question: Rizio Company purchases a machine for $ 9 , 5 0 0 , terms 2 1 0 , n 6 0 , FOB shipping point.

Rizio Company purchases a machine for $9,500, terms 210,n60, FOB shipping point. Rizio paid within the discount period and took
the $190 discount. Transportation costs of $215 were paid by Rizio. The machine required mounting and power connections costing
$657. Another $310 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the
machine was damaged and $325 worth of repairs were made.
Complete the below table to calculate the cost recorded for this machine.Rizio Company purchases a machine for $9,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $190 discount. Transportation costs of $215 were paid by Rizio. The machine required mounting and power connections costing $657. Another $310 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $325 worth of repairs were made.
Complete the below table to calculate the cost recorded for this machine.
 Rizio Company purchases a machine for $9,500, terms 210,n60, FOB shipping

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