On June 1, 2010, Kall Print Co

On June 1, 2010, Kall Print Co. replaced one of its printing presses. The following information is available on that date:
During 2010, Kall Print incurred $500 repair costs. What amount should Kall Print capitalize as the cost of the new printing press?

A) $375,000
B) $383,500
C) $385,000
D) $385,500
E) none of the above