Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $124,250. The seller agreed to allow a 4.75 percent discount because Southwest Milling paid cash. Delivery terms were FOB shipping point. Freight cost amounted to $2,840. Southwest Milling had to hire a specialist to calibrate the loader. The specialist's fee was $830. The loader operator is paid an annual salary of $7,250. The cost of the company's theft insurance policy increased by $2,130 per year as a result of acquiring the loader. The loader had a four-year useful life and an expected salvage value of $10,900. 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.) d b Costs that are to be capitalized List price Total costs