A proposal has been made to purchase a machining center at a price of $950,000. The delivery will cost an additional $12,000. It will take a three-person maintenance crew two standard 40-hour weeks that earn $25 an hour each to install the needed electrical connections, air pressure piping, and safety barriers. Materials for this cost $43,500. Determine the amount that will be capitalized (depreciated) for this installation. Show excel calculations/formulas