ABC Ltd have purchased a new piece of equipment for their business to increase their operating capacity. The amount that was paid to the supplier is $100,000. Delivery fees to get the equipment to the ABC Ltd premises was $2,500. The equipment required an additional cost of $5,000 to be spent to recalibrate it to suit the needs of the business and meet their requirements. On top of this cost was also an additional cost of $1,500 to have an electrician come and install power to the equipment. What is the cost of the equipment that will be disclosed in the financial statement of ABC Ltd?