Question 1 (6 marks) Wilder Enterprises Ltd. constructed a new plant building for $2,000,000 plus $1,000,000 for site preparation to construct the building. The land cost $145,000 with property taxes of $20,000 and insurance of $13,000. After the building was completed, the company added a parking lot for $25,000, fencing of $18,000 and two signs. The first sign cost $5,000 and the second sign was $3,000. Required Determine the cost of the building, land, and land improvements