Pensacola Inc exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance. Equipment A Equipment B old Equipment Book Value Fair Value $74,400 $80,600 $60,988 $55,100 Cash Received $12,600 $ 9,300 For Equipment A. Pensacola would record the new equipment at Multiple Choice $68.000 569.500 (0) 572 250 565,500 Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $380,000. Shipping costs totaled $12,000. Foundation work to house the centrifuge cost $7,300. An additional water line had to be run to the equipment at a cost of $4,000. Labor and testing costs totaled $6,800. Materials used up in testing cost $2,600. The capitalized cost is: Multiple Choice $416.100 $412700 $392.000 $403,300