Holiday Laboratories Purchased a High-Speed Industrial Centrifuge at a Cost

Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $420,000. Shipping costs totaled $15,000. Foundation work to house the centrifuge cost $8,000. An additional water line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $6,000. Materials used up in testing cost $3,000. The capitalized cost is:

A) $455,000.
B) $446,000.
C) $437,000.
D) $435,000.