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What the capitalized cost

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Question - Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $400,000. Shipping costs totaled $29,000. Foundation work to house the centrifuge cost $7,800. An additional water line had to be run to the equipment at a cost of $2,100. Labor and testing costs totaled $5,300. Materials used up in testing cost $2,100. What the capitalized cost?

Reference no: EM133059179

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