To automate one of its production processes, the Milwaukee Corporation bought two flexible manufacturing cells at a price of $350,000 each. When they were delivered, Milwaukee paid freight charges of $28,000 and handling fees of $19,000. Site preparation for these cells cost $50,000. Five foremen, each earning $30 an hour, worked five 40-hour weeks to set up and test the manufacturing cells. Special wiring and other materials applicable to the new manufacturing cells cost $4,700. Determine the cost basis amount to be capitalized) for these cells. The cost basis for these cells is $(Round to the nearest dollar.)