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can someone please help me understand what i am missing!! uestion 1 of 3 1 0/12 how Attempt History murrent Attempt in Progress X Your

can someone please help me understand what i am missing!!
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uestion 1 of 3 1 0/12 how Attempt History murrent Attempt in Progress X Your answer is incorrect Cheyenne Co. purchased land as a factory site for $536,000. The process of tearing down two old buildings on the site and constructing the factory required 6 months. The company paid $56.280 to raze the old buildings and sold salvaged lumber and brick for $8.442. Legal fees of $2479 were paid for title investigation and drawing the purchase contract. Cheyenne paid $2.948 to an engineering firm for a land survey, and 591.120 for drawing the factory plans. The land survey had to be made before definitive plans could be drawn. Title insurance on the property cost $2,010, and a liability insurance premium paid during construction was $1.206. The contractor's charge for construction was $3,671600. The company paid the contractor in two installments: $1.608,000 at the end of 3 months and $2,063.600 upon completion. Interest costs of 5227 800 were incurred to finance the construction Determine the cost of the land and the cost of the building as they should be recorded on the books of Cheyenne Co. Assume that the land survey was for the building Cost of the Land 589.265 Cost of the Building $ Untu OM 2021 O 60F Clear 2 3 41 6 7 BE W E R . Y u C 0 S D F G G H V 3 V B N M . JLOL JxLoL JL. V. C alt M OOO 3 iwley.com/player/index100 100.000 ssignment 301 Question 2 of 3

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