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Eagle Country Club has acquired a lot to construct a clubhouse. Eagle had the following costs related to the construction: Architects fees $45,000 Construction labor

Eagle Country Club has acquired a lot to construct a clubhouse. Eagle had the following costs related to the construction:

Architects fees $45,000
Construction labor 80,000
Engineers fees 15,000
Fences around building 9,000
Grading and leveling 10,000
Insurance costs incurred during construction 7,000
Interest on money borrowed for construction 5,000
Land 73,000
Building Materials 237,000
Sales taxes 6,000
Trees and shrubs 6,000

Determine the cost of the Club House to be reported on the balance sheet. $____

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