A company purchased a high-speed industrial centrifuge at a cost of $460,000. Shipping costs totaled $27,000. Foundation work to house the centrifuge cost $8,100. An additional water line had to be run to the equipment at a cost of $3,800. Labor and testing costs totaled $5,600. Materials used up in testing cost $2,400. The capitalized cost is: Multiple Choice $498,900. $487,000. $506,900. $503,300