Swifty Ltd. purchased some new manufacturing equipment for use in its factory. Following is a list of the various items paid by Swifty related to the equipment:

Item		Amount
Purchase price of equipment		$180,000
GST on equipment		9,000
Transportation to Swiftys factory		24,500
GST on transportation		1,225
Cost of installation		79,100
GST on installation cost		3,955
Maintenance costs for first year		5,770
Insurance premiums for first year of use of machinery		1,350
Insurance premiums for transport of machinery		210

At what amount should the equipment be capitalized on Swiftys books? (Note: GST is refundable by the government.)

Equipment capitalized at

$