Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $440,000. Shipping costs totaled $14,000. Foundation work to house the centrifuge cost $8,000. An additional water line had to be run to the equipment at a cost of $3,500. Labor and testing costs totaled $5,200. Materials used up in testing cost $3,200. The capitalized cost is: Multiple Choice $472,300. $473,900. $454,000. $465,500