Lavalee Fumiture purthased land, poying $85,000 onsh and signing a $350,000 note payable, in addibon, Lavaliee paid delinquent property ter of $4,500, 0tle inturance conting $5,500, and $5,000. to invel the land and remove an unwanted building, The compeny then constructed an office bulding at a cost of $350,000. it also paid $477,000 for a lence around the property, 517,000 far a sign near the entrance, and $8,000 for special lighting of the grounds. Read the requirements. Aequirement 1. Determine the cost of the land, land improvements, and building. The cost of the land is