On March 1, 2021, Beldon Corporation purchased land as a factory site for $65,000. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2021. Costs incurred during this period are listed below: Demolition of old buil Architect's fees (for I Legal fees for title i Property taxes on land March 1, 2021) Construction costs Interest on constructi