Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $118,030. The seller agreed to allow a 6.00 percent discount because Southwest Miling paid cash Delivery terms were FOB shipping point. Freight cost amounted to $2,800. Southwest Milling had to hire a specialist to calibrate the loader. The specialist's fee was $1,020. The loader operator is paid an annual salary of $30,510. The cost of the company's theft insurance policy increased by $1,850 per year as a result of acquiring the loader. The loader had a four-year useful life and an expected salvage value of $10,100 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 dollor. Amounts to be deducted should be indicoted with minus sign.)