Question 17 On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property was demolished, and construction began on a new building which was completed on November 1, 2020. Costs incurred during this period are listed below: Demolition of old building $ 19800 Architect's fees 35300 Legal fees for title investigation and purchase contract 4900 Construction costs 1384000 (Salvaged materials resulting from demolition were sold for $11000.) Bonita should record the cost of the land and new building, respectively, as $336800 and $1424200. $336800 and $1419300. $341700 and $1419300. $352700 and $1408300