Dalton Company purchased a machine for $11,000 terms 2/10, 1/60, FOB shipping point. The seller prepaid the freight charges, $280, and sent a second invoice for the freight. Dalton took advantage of the discount on the first Invoice, but the discount was not available on the freight invoice. The machine required a special steel mounting and power connections costing $815, and another $405 was paid to assemble the machine and get it into operation. In moving the machine onto its steel mounting, it was dropped and damaged. The repairs cost $210. Also, $140 of raw materials were used in calibrating (adjusting) the machine so that it would produce the correct quality product. The adjustments were normal for this type of machine and were not the result of the damage. However, the items produced while the adjustments were being made were not saleable. Prepare a calculation to show the cost of this machine for accounting purposes. (Assume Dalton Company pays for the purchase within the discount period.) (Negative answer should be indicated by a minus sign.) Invoice cost S Discount earned Steel mounting Freight costs Assembly Raw materials for testing Total acquisition costs 11,000 (220) 10.780 280 405 140 $ 22,385