Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $370,000. Shipping costs totaled $23,000. Foundation work to house the centrifuge cost $9,000. An additional water line had to be run to the equipment at a cost of $3,800. Labor and testing costs totaled $5,100. Materials used up in testing cost $2,600. The capitalized cost is:

A. $412,900

B. $393,000

C. $413,500

D. $405,800