13. On January 2, 2017, a company. replaced its a machine in their manufacturing plant. The following information was available on that date:Purchase price $150,000Carrying amount of old machine 10,000Fair value of old machine 4,000Installation cost of new machine 20,000The old machine was sold for $4,000 cash. What amount should the company capitalize as the cost of the new machine? Show your calculations in detail.