Question 1 Not changed since last attempt Marked out of 1,00 Flag question Acquisition Cost of Long-Lived Asset The following data relate to Fischer Construction's purchase of a front-end loader. Invoice price, terms 1/10, 1/30 FOB shipping point freight collect Sent a check for the front loader, one week later Cost of printing company logo on machine Freight paid Cost of wance coverage for one year New Battery needed to prepare the machine for its intended use) Hired new employee to operate it at 519 per hour, the employee spent one morning (four hours) practicing with the machine and went to work at the construction site that afternoon. $28.000 27,720 240 270 375 150 Calculate the amount at which the front-end loader should be reported on the company's balance sheet. Acquisition Costa $ 28,456