Assume the following costs and determine what would be the total amount capitalized for purchasing a new building: Hurricane Shutters for all Glass Doors $15,000 Office Party to Celebrate New Building Opening $5,000 Water Heater $17,500 Building Painting $11,000 City Fine for Failure to obtain Permits $10,000 Air Conditioning Units $50,000 Renovation of Bessie Drive $25,000 $118,500 $123,500 $133,500 $107,500 BB