How do you work out the acquisition cost? Why are some things included and some things are not?

Exercise 1 Acquisition cost Li Pi Co. purchases equipment with a list price of $22 000. Regarding the purchase, Li: 1. received a 2 per cent discount off the list price 2. paid shipping costs of $800 3. paid $1750 to install the equipment, $1200 of which was for a unique stand for the equipment 4. paid insurance: $2800 for equipment; $300 for delivery and $2500 for a two-year policy to cover operations disruption 5. paid $600 to have the manufacturer train employees on safety features. REQUIRED Determine the acquisition cost of the equipment. Comment on why the $600 of safety training was included or not included in the cost