e cost of a K Question 4, E10-17 (similar 1 correct to) Part 1 of 4 Points: 0 of 1 Close Ogden Furniture purchased land, paying $60,000 cash and signing a $320,000 note payable. In addition, Ogden paid delinquent property tax of $2,000, title insurance costing $5,000, and $7,000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $600,000. It also paid $52,000 for a fence around the property, $18,000 for a sign near the entrance, and $10,000 for special lighting of the grounds. Read the requirements. Requirement 1. Determine the cost of the land, land improvements, and building. The cost of the land is