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43 8003106q, Hollday Laboratories purchased a high-speed industrial centrifuge at a cost of $470,000....

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Accounting

43
8003106q,
Hollday Laboratories purchased a high-speed industrial centrifuge at a cost of $470,000. Shipping costs totaled $18,400. Foundation work to house the centrifuge cost $7,100. An additional water line had to be run to the equipment at a cost of $3,800. Labor and testing costs totaled $6,700. Materials used up in testing cost $2,300.(Leave no cells blank. Enter 0 where needed.)
Required:
What is the total capltalized cost of the equipment?
How much of this amount should be expensed immediately?
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
What is the total capitalized cost of the equipment?
Cost of the equipment I|
Required 2>
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