Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $410,000. Shipping costs totaled $28.000 Foundation work to house the centrifuge cost $7,100. An additional water line had to be run to the equipment at a cost of $2.200 Labor and testing costs totaled $6,800. Materials used up in testing cost $2,500. The capitalized cost is: Multiple Choice $457,500. $438.000 $456,600 $447,300 Juliana Corporation purchased all of the outstanding stock of Caldwell Inc.. paying $3,100,000 cash. Juliana assumed all of t liabilities of Caldwell. Book values and fair values of acquired assets and liabilities were: Current assets (net) Property, plant,& equip. (net) Liabilities Book Value $ 310,000 1,590,000 360,000 Fair Value 470,00o 2,140,000 730,000 Juliana would record goodwill of Multiple Choice $1,220,000. $ 370,000. $ 1,700,000