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Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $420, 000. costs totaled $15, 000. Foundation work to house the centrifuge cost $8, 000. An additional line had to be run to the equipment at a cost of $3, 000. Labor and testing costs totaled $6, 000. Materials used up in testing cost $3, 000. The capitalized cost is: $455, 000. $446, 000. $437, 000. $435, 000 None of the above. Juliana Corporation purchased all of the outstanding stock of Caldwell Inc., paying $2, 700, 000 cash. Juliana assumed all of the liabilities of Caldwell. Book values and fair values of acquired assets and liabilities were: Juliana would record goodwill of: $1, 180, 000. $600, 000. $880, 000. $100, 000. None of the above Lake incorporated purchased all of the outstanding stock of Huron Company paying $950, 000 cash. Lake assumed all of the liabilities of Huron. Book values and fair values of acquired assets and liabilities were