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Montgomery Industries spent $590,000 in 2015 on a construction project to build a library. Montgomery also capitalized $29,500 of interest on the project in 2015.

Montgomery Industries spent $590,000 in 2015 on a construction project to build a library. Montgomery also capitalized $29,500 of interest on the project in 2015. Montgomery financed 100% of the construction with a 8% construction loan. The project was completed on September 30, 2016. Additional expenditures in 2016 were as follows:

Feb. 28 $ 89,100
Apr. 30 179,100
Jul. 1 35,100
Sept. 30 63,100

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Determine the completed cost of the library. (

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