voiture company manufactures compact, energy-efficient cars. on april 1, it purchased a machine for its assembly line at a contract price of $400,000 with terms of 2/10, n/30. voiture paid the contract price on april 8 and also incurred installation and transportation costs of $5,000, sales tax of $32,000, and testing costs of $2,000. during testing, the machine was accidentally damaged, so the company had to pay $1,000 to repair it. required: determine the cost of the machine. for each item excluded from property, plant and equipment, how would the item be classified in the financial statements?