On March 1, 2017, Beldon Corporation purchased land as a factory site for $58125. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below:

Demolition of old building $3300

Architect's fees for new building $13578

Legal fees for title investigation of land $1649

Property taxes on land for period beginning March 1, 2016 $2084

Construction costs $552822

Interest on construction loan $4179

Salvaged materials resulting from the demolition of the old building were sold for $1786

Required: Determine the amounts that Beldon should expense as operating costs. Answer in dollars and cents ($ 0.00)

Please explain each step and why??