purchased land, paying $ 60 comma 000 cash and signing a $ 260 comma 000 note payable. In addition, Belvidere paid delinquent property tax of $ 4 comma 000, title insurance costing $ 2 comma 500, and $ 7 comma 000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $ 600 comma 000. It also paid $ 51 comma 000 for a fence around the property, $ 11 comma 000 for a sign near the entrance, and $ 8 comma 000 for special lighting of the grounds. Read the requirementsLOADING.... Question content area bottom Part 1 Requirement 1. Determine the cost of the land, land improvements, and building. The cost of the land is