Exercise $8-1($Algo$)$ Cost of plant assets LO C$1$

Rizio Company purchases a machine for $$13,800,$ terms $\frac{1}{10},\frac{n}{60},$ FOB shipping point. Rizio paid within the discount period and took the $$138$ discount. Transportation costs of $$312$ were paid by Rizio. The machine required mounting and power connections costing $$954.$ Another $$450$ is paid to assemble the machine, and $$40$ of materials are used to get it into operation. During installation, the machine was damaged and $$295$ worth of repairs were made.

Complete the below table to calculate the cost recorded for this machine.

$\backslash$table$[[$Amount Included in Cost of Equipment:,$],[$Invoice price of machine,$],[,],[$Net purchase price,$],[,],[,],[,],[,],[$Total cost to be recorded,$]]$