LEVI Manufacturing purchases a large lot on which an old building is located as part of its plans to build a new campus. The negotiated purchase price is $252,000 for the lot plus $147,000 for the old building. GBSB pays $27,600 to tear down the old building and $40,800 to fill and level the lot. It also pays a total of $1,494, 751 in construction costs - this amount consists of $1,406,000 for the new building and $88,751