On January 1, 2020, Pele Industries purchased a machine for use in its production process. Its cash price was R$35,000. Related expenditures included: sales tax R$2,200, shipping costs R$150, insurance during shipping R$80, installation and testing costs R$70, and R$100 of oil and lubricants to be used with the machinery during its first year of operations. Provide the journal entry to record the purchase of this machine on January 1, 2020.