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4 5 Holiday Laboratories purchased a high - speed industrial centrifuge at a cost of $ 4 2 0 , 0 0 0 . Shipping

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Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $420,000. Shipping costs totaled $16,200. Foundation work to house the centrifuge cost $6,800. An additional water line had to be run to the equipment at a cost of $2700. Labor and testing costs totaled $7,600. Materials used up in testing cost $2,500.(Leave no cells blank. Enter 0 where needed.)
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What is the total capitalized cost of the equipment?
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How much of this amount should be expensed immediately?
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