Southwest M.Hing Co. purchased a front-end loader to move stacks of lumber, The loader had a list price of $117.820. The seller agreed to allow a 5.50 percent discount because Southwest Milling paid cash. Delivery terms were FO F shipping point. Frelght cost amounted to $2,370. Southwest Milling had to hire a specialist to calibrate the loader. The specialst's fee was $1.070. The loader operator is paid an annual salary of $24,750. The cost of the company's theft insurance policy increased by $2,300 per year as a result of acquiring the loeder. The loader had a four-year useful life and an expected salvage value of $13,400. Required Determine the amount to be capitalized in the asset account for the purchase of the front-end loader. (Round your answers to the nearest whole dollar. Amounts to be deducted should be indicated with minus sign.)