Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $115,740. The seller agreed to allow a 6.00 percent discount because Southwest Milling paid cash. Delivery terms were FOB shipping point. Freight cost amounted to $2,220. Southwest Milling had to hire a specialist to calibrate the loader. The specialists fee was $990. The loader operator is paid an annual salary of $9,010. The cost of the companys theft insurance policy increased by $1,750 per year as a result of acquiring the loader. The loader had a four-year useful life and an expected salvage value of $12,200.

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.)