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Ogden Fumiture purchased land paying 590,000 cash and signing a $250,000 note payable. In addition, Ogden paid delinquent property tax of $4.500 title insurance costing

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Ogden Fumiture purchased land paying 590,000 cash and signing a $250,000 note payable. In addition, Ogden paid delinquent property tax of $4.500 title insurance costing 54 000 and 58000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $350,000. It also paid $50,000 for a fence around the property 510,000 for a sign near the entrance, and $7,000 for special lighting of the grounds. Read the regulaments Requirement 1. Determine the cost of the land, land improvements, and building The cost of the land is $ 356,500 The total cost of the land improvements is 5 n u mber the cold and then chok Check Answer Final Check

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