= Question 4 of 11 View Policies Current Attempt in Progress Crane Company purchased land as a factory site for $1315000. Crane paid $118000 to tear down two buildings on the land. Salvage was sold for $8400. Legal fees of $5380 were paid for title investigation and making the purchase. Architect's fees were $46100 Title insurance cost $3900, and liability insurance during construction cost $4200. Excavation cost $15540. The contractor was paid $4400000. An assessment made by the city for pavement was $9700. Interest costs during construction were $260000 The cost of the building that should be recorded by Crane Company is O $4725840 O $4406840. O $4405500 O $4420700