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Brady Furniture purchased land, paying $ 7 0 comma 0 0 0 cash and signing a $ 3 4 0 comma 0 0 0 note

Brady Furniture purchased land, paying $ 70 comma 000 cash and signing a $ 340 comma 000 note payable. In addition, Brady paid delinquent property tax of $ 4 comma 500, title insurance costing $ 5 comma 000, and $ 6 comma 000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $ 650 comma 000. It also paid $ 53 comma 000 for a fence around the property, $ 10 comma 000 for a sign near the entrance, and $ 7 comma 000 for special lighting of the grounds.
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Part 1
Requirement 1. Determine the cost of the land, land improvements, and building.
The cost of the land is

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