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Gamma Ltd . acquired a tract of land with a building for $ 3 0 0 , 0 0 0 . The closing statement indicated

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Gamma Ltd. acquired a tract of land with a building for $300,000. The closing statement indicated that the land's assessed tax value was $200,000 and the building's value was $100,000. The land was acquired as a site for Gamma's new office building and immediately after acquisition the building was demolished at a cost of $30,000. Gamma Ltd. constructed a new building, for $450,000 plus the following costs:
\table[[Building design,$10,000 Answer all parts correctly and show all work thanks!
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