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wa Rizio Co. purchases a machine for $11,800, terms 170, 1/60, FOB shipping point. Rizio paid within the discount period and took the $118 discount.

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wa Rizio Co. purchases a machine for $11,800, terms 170, 1/60, FOB shipping point. Rizio paid within the discount period and took the $118 discount. Transportation costs of $267 were paid by Rizio. The machine required mounting and power connections costing $816. Another $385 is paid to assemble the machine and $40 of materials are used to get it into operation. During installation, the machine was damaged and $360 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. Amount incided in Cost of Lipment: Invoice price of machine Ne purchase To cost to be recorded

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