1) IKS Ltd. bought a production machine for cash at a price of $ 80,000. The company also had to bear the following costs: freight, $ 1,600; installation and connection of the machine at company premises, $ 13,500; material and labor costs during the machine testing phase, $ 500; lubricants and other supplies for use in operating the machine, $ 750; a fire insurance policy during the period of use of the machine, $ 1,400. The useful life of the machine is estimated at 5 years and its residual value at $ 10,000.

2) On December 1, X1, a company with a December 31 year-end obtains a loan from its bank for an amount of $ 100,000. The annual interest rate is 6%. Principal ($ 100,000) and interest are repayable within one year, ie when the loan matures on November 30, X2. Indicate the amount that should be presented in the income statement as Financial charges (interest expense) for the year X1?