Rizio Company purchases a machine for $12,300, terms 1/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $123 discount. Transportation costs of $278 were paid by Rizio. The machine required mounting and power connections costing $850. Another $401 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $325 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 $ 12,300 Less: Discount 123 Net purchase price 12,177 Transportation 278 Mounting and power connections 850 Assembly 401 Materials used in adjusting 40 325 Damages Total cost to be recorded $ 14,071