Exercise 10-1 Cost of plant assets LO C1 Rizio Co. purchases a machine for $13,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $270 discount. Transportation costs of $305 were paid by Rizio. The machine required mounting and power connections costing $933. Another $440 is paid to assemble the machine and $40 of materials are used to get it into operation. During Installation, the machine was damaged and $195 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. Amount Included in Cost of Equipment: Invoice price of machine Net purchase price Total cost to be recorded