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Chapters a Holiday Laboratories purchased a high speed industrial centrifuge at a cost of $420,000. Shipping costs totaled $12.900 Foundation work to house the centrifuge cost $6,100. An additional water line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $7.900. Materials used up in testing cost $2,100. (Leave no cells blank. Enter 0 where needed.) a. What is the total cost of the equipment? b. How much of this amount should be expensed immediately