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A taxpayer running a business makes the following purchases during the year: Addition of a wing to their business office for a cost of $

A taxpayer running a business makes the following purchases during the year:
Addition of a wing to their business office for a cost of $275,000
Repainting the inside of the building to match the new wing for $10,000
Repaving the entire parking lot of $12,500
Purchasing new business furniture for $20,000
What is the total amount that is considered a capital improvement to the building itself?

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