! Required information [The following information applies to the questions displayed below.] At the beginning of the year, Almond Factory bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Installation costs Cost of the asset Renovation costs prior to use Repairs after production began $10,400 940 1,020 790 Required: Compute the amount to be capitalized for Machine A. Purchase price $ Installation costs Renovation costs Repairs Total cost $ D