Answer:
$455,000
Explanation:
Given that,
high speed industrial centrifuge at a cost = $420,000
Shipping costs = $15,000
Foundation work = $8,000
additional water line = $3,000
Labor and testing costs = $6,000
Materials used up in testing = $3,000
Total Costs to be capitalized:
= High-speed industrial centrifuge + Shipping costs + Foundation Work + Additional Water Line + Labor and testing costs + Materials used in testing
= $420,000 + $15,000 + $8,000 + $3,000 + $6,000 + $3,000
= $455,000
