Montgomery Industries spent $550,000 in 2020 on a construction project to build a library. Montgomery also capitalized $27,500 of interest on the project in 2020. Montgomery financed 100% of the construction with a 10% construction loan. The project was completed on September 30, 2021. Additional expenditures in 2021 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.)