The following costs relate to Fili Company’s new equipment to be used in its manufacturing operations:
Purchase cost (including, $12,000 freight and $13,000 of taxes): $380,000
Installation costs: $19,000
Training costs: $ 9,900
Repair and maintenance during asset’s life: $21,000
Cost of rebuilding motors, which resulted to the extension of asset’s useful life: $142,000
How much of the costs shall be capitalized by Fili Company?