Exercise 8-1 Cost of plant assets LO C1 Rizio Co purchases o machine for $13.200, terms 2/10, 160, FOB shipping point. Rizio paid within the discount period and took the $264 discount Transportation costs of $298 were paid by Rizio. The machine required mounting and power connections costing $913 Another 5430 is paid to assemble the machine and $40 of materials are used to get it into operation During installation, the machine was damaged and $235 worth of repairs were made Complete the below table to calculate the cost recorded for this machine Amount included in Cost of Equipment: Invoice pace of machine Net purchase price Total cost to be recorded