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Problem 7-2B Determine the acquisition cost of equipment [LO1 Sicily Pizza purchased baking ovens from New World Deli. New World Deli was closing its bakery business and sold its three-year-old ovens for $300,000. In addition to the purchase price, Sicily Pizza paid shipping costs of $18,000. Employees of Sicily Pizza installed the ovens; labor costs were $16,500. An outside contractor performed some of the electrical work for $2,800. Sicily Pizza consumed pizza dough with a cost of $1,300 in testing the ovens. It then installed new timers on the ovens at a cost of $1,400 and placed the machines in operation. Required: 1. Determine the amount at which Sicily Pizza should record the ovens in the equipment account. (Omit the "$" sign in your response.) Purchase price Shipping costs Labor costs Electrical work Pizza dough for testing oven New timers Total equipment