morocco corp. purchased land as a factory site for $250,000. They paid $ 10,000 to tear down two buildings on the land, and the salvage from these old buildings for $1,350. Legal fees of $870 were paid for little investigation and making purchase. Architect's fees were $10,300. Title insurance cost $600, and liability insurance during construction cost $650. Excavation costs were $2,610. A contractor was paid $600,000 to construct the new building. An assessment made by the city for pavement was$ 1,600. Interest costs during construction were $42,500. The cost of the building should be recorded at?