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RIZIO Co. purchases a machine for $11,500, terms 2/10, n/60, FOB shipping point. Rizio pald within the discount period and took the $230 discount. Transportation

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RIZIO Co. purchases a machine for $11,500, terms 2/10, n/60, FOB shipping point. Rizio pald within the discount period and took the $230 discount. Transportation costs of $260 were paid by Rizio. The machine required mounting and power connections costing $795. Another $375 is paid to assemble the machine and $40 of materials are used to get it into operation. During Installation, the machine was damaged and $190 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. Amount Included in Cost of Equipment: Invoice price of machine Nel purchase price Total cost to be recorded

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