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Calculate the cost recorded for this machine

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Question - Cost of plant assets - Rizio Co. purchases a machine for $10,600, terms 1/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $106 discount. Transportation costs of $240 were paid by Rizio. The machine required mounting and power connections costing $733. Another $346 is paid to assemble the machine and $40 of materials are used to get it into operation. During installation, the machine was damaged and $280 worth of repairs were made. Calculate the cost recorded for this machine.

Reference no: EM133143275

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