Marigold Corp purchased land as a factory site for $1345000 Marigold paid $111000 to tear down two buildings on the land Salvage was sold for $8500 Legal fees of $5060 were paid for title investigation and making the purchase Architect's fees were $46700 Title insurance cost $3600, and liability insurance during construction cost $3900 Excavation cost $15480 The contractor was paid $4400000 An assessment made by the city for pavement was $9700 Interest costs during construction were $256000 The cost of the building that should be recorded by Marigold Corp is $4406680 $4405800 $4420600 $4722080

Question

Marigold Corp  purchased land as a factory site for $1345000  Marigold paid $111000 to tear down two buildings on the land  Salvage was sold for $8500  Legal fees of $5060 were paid for title investigation and making the purchase  Architect's fees were $46700  Title insurance cost $3600, and liability insurance during construction cost $3900  Excavation cost $15480  The contractor was paid $4400000  An assessment made by the city for pavement was $9700  Interest costs during construction were $256000  The cost of the building that should be recorded by Marigold Corp  is $4406680  $4405800  $4420600  $4722080

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Marigold Corp. purchased land as a factory site for $1345000. Marigold paid $111000 to tear down two buildings on the land. Salvage was sold for

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