Southwest Milling Company purchased a front$-$end loader to move stacks of lumber. The loader had a list price of $$122,320.$ The seller agreed to allow a $4\mathrm{.}75$ percent discount because Southwest Milling paid cash. Delivery terms were FOB shipping point. Transportation cost amounted to $$2,750.$ Southwest Milling had to hire a specialist to calibrate the loader. The specialist$$s fee was $$920.$ The loader operator is paid an annual salary of $$38,130.$ The cost of the company$$s theft insurance policy increased by $$1,920$ per year as a result of acquiring the loader. The loader had a four$-$year useful life and an expected salvage value of $$14,400.$

Required:

Determine the amount to be capitalized in an asset account for the purchase of the front$-$end loader.