$60$ out of $100$

Current Attempt in Progress

Oriole Company purchased land as a factory site for $$1305000.$ Oriole paid $$116000$ to tear down two buildings on the land. Salvage was sold for $$8500.$ Legal fees of $$5140$ were paid for title investigation and making the purchase. Architect's fees were $$46000.$ Title insurance cost $$4000,$ and liability insurance during construction cost $$4300.$ Excavation cost $$15640.$ The contractor was paid $$4200000.$ An assessment made by the city for pavement was $$9900.$ Interest costs during construction were $$257000.$

The cost of the building that should be recorded by Oriole Company is

$$4206840.$

$$4221000.$

$$4522940.$

$$4205600.$