please answer with explanation

Alpha company commenced operations on January 1 of the current year. During the year, the company incurred the following: Taxes in arrears assumed by Alpha P100,000 Payment for land 2,000,000 Architect fee 460.000 Payment to city hall for approval of building construction 240.000 Contract price for new building 9.500.000 Service equipment made as permanent part of building 2,000,000 Safety fence around construction site 70,000 Safety inspection on new building 60,000 Removal of safety fence after completion of new building 40.000 Cost of changes to plans and specifications due to 220.000 inefficiencies New permanent fence surrounding the new building Driveways, parking bays, and safety lighting Saving on construction 90,000 600,000 300,000 Determine the cost of the land, building and land improvements. Alpha company commenced operations on January 1 of the current year. During the year, the company incurred the following: Taxes in arrears assumed by Alpha P100,000 Payment for land 2,000,000 Architect fee 460.000 Payment to city hall for approval of building construction 240.000 Contract price for new building 9.500.000 Service equipment made as permanent part of building 2,000,000 Safety fence around construction site 70,000 Safety inspection on new building 60,000 Removal of safety fence after completion of new building 40.000 Cost of changes to plans and specifications due to 220.000 inefficiencies New permanent fence surrounding the new building Driveways, parking bays, and safety lighting Saving on construction 90,000 600,000 300,000 Determine the cost of the land, building and land improvements