Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $430,000. Shipping costs totaled $17,000. Foundation work to house the centrifuge cost $9,800. An additional water line had to be run to the equipment at a cost of $3,600. Labor and testing costs totaled $4,300 Materials used up in testing cost $3,500. (Leave no cells blank. Enter where needed.) a. What is the total cost of the equipment? Cost of the equipment b. How much of this amount should be expensed immediately? Immediately opened