Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $176,000 with terms of 4/15, n/45. Payment was made within the discount period. Shipping costs were $4,500, which included $310 for insurance in transit. Installation costs totaled $12,500, which included $4,100 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the 10-ton draw press is: