A company purchased a special purpose machine on September 15 of the past year, and it was installed and ready to run on January 1 of this year. The following costs were incurred in the purchase and installation of the machine. Determine the total cost of the machine. 
Definitions:
Production Budget
An estimate of the total cost of production, including direct labor, materials, and overhead expenses, for a specific period.
Cash Budget
A financial plan that estimates cash inflows and outflows over a specific period, usually for managing liquidity.
Disbursements
Payments made by a business, often related to its operational expenses.
Financing
The process of providing funds for business activities, making purchases, or investing.
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