In January, Prahbu purchased for $$93,000$ a new machine for use in an existing production line of his manufacturing business. Assume that the machine is a unit of property and is not a material or supply. Prahbu pays $$3,550$ to install the machine, and after the machine is installed, he pays $$2,000$ to perform a critical test on the machine to ensure that it will operate in accordance with quality standards. On November $1,$ the critical test is complete, and Prahbu places the machine in service on the production line. On December $3,$ Prahbu pays another $$4,700$ to perform periodic quality control testing after the machine is placed in service.

How much will Prahbu be required to capitalize as the cost