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Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $430,000. Shipping costs totaled $16,000. Foundation work to house the centrifuge cost $8,600. An

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Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $430,000. Shipping costs totaled $16,000. Foundation work to house the centrifuge cost $8,600. An additional water line had to be run to the equipment at a cost of $2,300. Labor and testing costs totaled $6,500. Materials used up in testing cost $2,800. The capitalized cost is: Multiple Choice $456,900. $470,100. O $466,200. $446,000

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