NANO has started a construction project. cost related to equipment construction and first month of operation are as follows 1. celebration party for completion of construction and testing $600. 2. training for employee to operate new equipment $400 3. labour for construction $300, testing $170 operation $300 6. construction material $1800 7. professional engineering fees were $530 for construction and testing 8. electricity used construction $550, testing $250 and operations of $300 . Calculate the amount NANO should use to capitalise the asset on its balance sheet.