Holiday Laboratories purchased a high$-$speed industrial centrifuge at a cost of $$410,000.$ Shipping costs totaled $$13,700.$ Foundation work to house the centrifuge cost $$9,300.$ An additional water line had to be run to the equipment at a cost of $$3,800.$ Labor and testing costs totaled $$4,300.$ Materials used up in testing cost $$2,000.($Leave no cells blank. Enter $0$ where needed.$)$

Required:

$1.$ What is the total capitalized cost of the equipment?

$2.$ How much of this amount should be expensed immediately?