accounting firm of Chutter Danislav, CPAs, purchased land, paying $350,000 cash. In addition, the company paid property tax in arrears of $3,000, a legal fee of $1,500, and a $20,500 charge for levelling the d and removing an unwanted building. The company constructed an office building on the land at a cost of $1,200,000. It also paid $30,000 for a fence around the boundary of the property, $8,500 for the mpany sign near the entrance to the property, and $11,500 for special lighting of the grounds. During installation of the fence, $2,000 of damage to the fence was incurred. Determine the cost of the company's ad, land improvements, and building. The cost of the land is