Montgomery Industries spent $550,000 in 2015 on a construction project to build a library. Montgomery also capitalized $27,500 of interest on the project in 2015. Montgomery financed 100% of the construction with a 10% construction loan. The project was completed on September 30, 2016. Additional expenditures in 2016 were as follows:

Feb. 28	$ 85,500
Apr. 30	175,500
Jul. 1	31,500
Sept. 30	59,500

Required: Determine the completed cost of the library. (Do not round intermediate calculations.) Completed cost of the library