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Original Bike= $26 (1981 Trek 710)
New Paint & Decals= $250 (I also traded a bike I picked up off of CL with the cash for the paint work)
Bars & Stem= Bin
Cranks, Pedals, Chain, Saddle, Seat post, Brakes= Bin
New bartape & New Levers= $30
Wheels, Tires & Tubes= $200

Total= $506

Not included in the math is that I sold the bike's original wheel set and mish mash of Shimano & Suntour components on ebay & CL. I made about $100 on that stuff.