Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $420,000. Shipping costs totaled $27,000. Foundation work to house the centrifuge cost $8,200. An additional water line had to be run to the equipment at a cost of $3,700. Labor and testing costs totaled $5,100. Materials used up in testing cost $3,100. The capitalized cost is: Multiple Choice $458,900. $467100. $447,000. $463,000