Brady Self Storage purchasedland, paying $160,000 cash as a down payment and signing a $195,000

note payable for the balance. Brady also had to pay delinquent property tax of $3,000, title insurance costing $6,000, and $4,000 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 $950,000. It also paid $47,000 for a fence around theproperty, $11,000 for the company sign near the propertyentrance, and $10,000 for lighting of the grounds.

Requirement

1. What is the capitalized cost of each of

Brady's land, landimprovements, andbuilding?

The cost of the land is $.