Murphy Self Storage purchased land, paying $140,000 cash as a down payment and signing a $195,000 note payable for the balance. Murphy also had to pay delinquent property tax of $4,000, title insurance costing $2,000, and $6,000 to level the land and remove an unwanted building. The company paid $52,000 to add soil for the foundation and then constructed an office building at a cost of $850,000. It also paid $45,000 for a fence around the property, $17,000 for the company sign near the property entrance, and $5,000 for lighting of the grounds. Read the requirement . The cost of the land is x Requirement 1. What is the capitalized cost of each of Murphy's land, land improvements, and building? Print Done