(i) Broadeak has recently purchased an item of plant from Planter), the details of this are Basic List Price of Plant 240,000 Trade Discount 12.5% on list price. Ancillary costs: Shipping and Handling Cost 2,750 Pre-Production Testing 12500 Maintenance Cost 24000 Site Preparation Cost Electrical Cable Installation 14000 Concrete Reinforcement 4500 Own Labour Cost 7500 Broadoak paid for the plant (excluding the ancillary costs) within four weeks of order, thereby obtaining an early settlement discount of 10%. Broadoak had incorrectly Specified the Power loading of the original electrical cable to be installed by the contractor_The cost of correcting this error of $6000 is included in the above figure of$14,000. The plant is expected to last for 10 years. At the end of tenth year there will be compulsory costs of $15000 to dismantle the plant and $3,000 to restore the site to its original use condition Required: Calculate the amount at which the initial cast of the plant should be measured (2.5 Marks)