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Q1 help Mumby Selt Storage purchased tand, paying $160,000 cash as a down payment and signing a $165,000 noto payabie for the baliance. Murphy also

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Mumby Selt Storage purchased tand, paying $160,000 cash as a down payment and signing a $165,000 noto payabie for the baliance. Murphy also had to pay dolinquent property tax of $2,000, the insurance couting $3,500, and $5,000 to level the land and remove an unwantod building. The company paid $52,000 to add soil for the foundation and then constructed an office building at a cost of $850,000. tt abo paid $55,000 for a fence arcund the property, $11,000 tor the company sign near the property entrance. and $9,000 for fighting of the grounds. Rinad the reguinment. The cost of the land is Requirment 1. What is the caplalized cost of each of Murphy's land, land improvemonts, and bulding

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