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Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $420,000 Shipping costs totaled $17000. Foundation work to house the centrifuge cost $6,700. An

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Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $420,000 Shipping costs totaled $17000. Foundation work to house the centrifuge cost $6,700. An additional water line had to be run to the equipment at a cost of $3,700. Labor and testing costs totaled $4,300. Materials used up in testing cost $3,900. (Leave no cells blank. Enter O where needed.) a. What is the total cost of the equipment? Cost of the equipment $ 451.000 b. How much of this amount should be expensed immediately? immediately exposed 5.451.000

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