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Cost to demolish Building 1 $ 328,400 Cost of additional land grading 175,400 Cost to construct new building (Building 3), having a useful life of

Cost to demolish Building 1 $ 328,400 Cost of additional land grading 175,400 Cost to construct new building (Building 3), having a useful life of 25 years and a $392,000 salvage value 2,202,000 Cost of new land improvements (Land Improvements 2) near Building 2 having a 20-year useful life and no salvage value 164,000 Total costs $ 5,469,800

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