Page 1of2 ZoOM+ 1. Compute the amount recorded as the cost of a new machine used in production process of a company, given the following payments the related to its purchase: Purchase Price Sales Tax Purchase Discount Taken Transit Costs Assembly & Testing Costs Cost of Necessary Machine Platform Cost of Maintenance Parts for All Machines 4,200 $700,000 50,000 $ 10,000 $ 2,500 $ 5,000 $ 2,500 calculate the cost of the machine that should be capitalized