Ayer Self Storage purchased land, paying $185,000 cash as a down payment and signing a $145,000 note payable for the balance. Ayer also had to pay delinquent property tax of $6,000, title insurance costing $3,500, and $5,000 to level the land and remove an unwanted building. The company paid $56,000 to add soil for the foundation and then constructed an office building at a cost of $550,000. It also paid $50,000 for a fence around the property, $14,000 for the company sign near the property entrance, and $11,000 for lighting of the grounds. Read the requirement. The cost of the land is i Requirement X 1. What is the capitalized cost of each of Ayer's land, land improvements, and building? Print Done Enter any number in the edit fields and then click Check Answer. ? 2 pemaining Clear All Check