Pierce Set storage purchased land, paying $145,000 cash as a down payment and signing a $185,000 note payabie for the balanco. Plerce also had fo pay dolinquent property tax of 51,500 , stie insurance costing $4,000, and $8,000 to lavel the land and remove an urwanted building The company paid $57,000 to odd soil for the foundation and then eonstructed an oflice bu siding at a cost of $750,000. It asso paid $49,000 for a fence around the peoperty; $13,000 for the company sign thar the property entrance, and $7.000 for lighting of the prounds. Rood the reavernent. The cost of the land is Requirement 1. What is the capitalized cost of each of Pierce's land, land improvements, and building