Pollachek Co. purchased land as a factory site for $450,000. the process of tearing down two old buildings on the site and constructing the factory required 6months. The company paid $42000 to raze the old buildings and sold dalvaged lumber and brick for $6300. Legal fees of $1850 were paid for title investigation and drawing the purchase contract. Pollachek paid $2200 to an engineering firm for a land survey, and $65000 for drawing thefactory plans. the land survey had to be made before definitive plans could be drawn. Title insurance on the property cost $1500, and a liability insurance premium paid during construction was $900. the contractor's charge for construction was $2740000. The company paid the constructor in two installments: $1200000 at the end of 3months and $1540000 upon completion. Interest costs of $170000 were incurred to finance the construction..........