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On January 1, 2017, Calderwood Corporation purchased a parcel of land to be used as a retail store site. An old building on the property

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On January 1, 2017, Calderwood Corporation purchased a parcel of land to be used as a retail store site. An old building on the property was immediately demolished and construction began on a new store that was completed on November 1, 2017. Costs incurred on the construction project are listed below $310, 000 21,000 31,700 4,100 950,000 12,000 14,000 19, 300 9, 600 39,000 5, 000 4,000 12,300 2,000 3,000 Purchase price of land Demolition of old building Architect's fees ..-.. .. .. . Imputed interest based on stock financing Temporary buildings used for construction activities . Injury to worker during construction of building...... Proceeds from sale of salvaged materials from demolition Proceeds fro sale of timber Determine the cost of the land and new building. Not all items may be needed. Show your work

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