Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $440,000. Shipping costs totaled $19,000. Foundation work to house the centrifuge cost $8,500. An additional water line had to be run to the equipment at a cost of $3,100. Labor and testing costs totaled $6,900. Materials used up in testing cost $3,000. The capitalized cost is: Multiple Choice $470.600 $459.000 O $480.500 $480.400