Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $390,000. Shipping costs totaled $14,000. Foundation work to house the centrifuge cost $7,400 An additional water line had to be run to the equipment at a cost of $2,000. Labor and testing costs totaled $5,100. Materials used up in testing cost $3,500. The capitalized cost is: Multiple Choice 0 $422,000. 0 $404,000. 0 $413,400. 0 $421,400