Jayson, Inc. purchased equipment costing S320.000 nd paid an additional $35,000 to have it shipped to the factory. They paid S12.500 in tax and S4.500 in annual property taxes. An additional $35,000 was spent on installation and testing The company spent $28.000 repairs and it was in service. should $6,000 on insurance the first year What amount Jayson, Inc. capitalize for equipment? this A. $320,000 402,500 C. $436,500 D. $441,000