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11 Rizio Co purchases a machine for $12,500, terms 2/10,n/60, FOB shipping point. Rizio paid within the discount period and took the $250 discount Transportation

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11 Rizio Co purchases a machine for $12,500, terms 2/10,n/60, FOB shipping point. Rizio paid within the discount period and took the $250 discount Transportation costs of $283 were paid by Rizio. The machine required mounting and power connections costing $864. Another $407 is paid to assemble the machine and $40 of materials are used to get it into operation. During Installation, the machine was damaged and $320 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine 3 02439 Amount included in Cost of Equipment Invoice proe of machine Pom Net purchase price Total cost to be recorded

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