A company purchased a special purpose machine on August 1 of the past year, and it was installed and ready to run on January 1 of this year. The following costs were incurred in the purchase and installation of the machine.

Invoice price ---------------------------------------------------- AED 125,000

Sales tax----------------------------------------------------------AED 5250.

Insurance charges----------------------------------------------- AED 1500

Adjustments to run the machine ------------------------------AED 160

Electrical and power connection charges ----------------- AED 220

Fines paid during the transport of the machinery------ AED 400

Damage repairs due to negligence of the worker----- AED 375

Compute the acquisition cost of the machinery. Do we take all or ignore few. If so why?