Answer:
c. $407,300
Explanation:
All the cost incurred to make the asset usable or operational will be capitalized. So All of following cost are essential to make Industrial centrifuge usable.
Industrial centrifuge cost = $370,000
Shipping costs = $18,000
Foundation work to house the centrifuge = $8,700
Additional water line to the equipment cost = $2,100
Labor and testing costs = $6,300
Materials used up in testing cost = $2,200
Total Capitalized cost = 370,000+18,000+8,700+2,100+6,300+2,200
Total Capitalized cost = $407,100
