Question 56 2. The following were incurred by the Ukraine, Inc. in 2022: . . . Cost of Land - P4,500,000 Expenses of land survey - P30,000 Expenses for search of land title - P6,000 Building permit fee - P10,000 Temporary building to house materials and construction workers - P50,000 Demolition of old building - P40,000 Payments to tenants to vacate the premises of old building - P60,000 Payments to some construction worker for injuries sustained (no insurance was carried) - P85,000 Interest on temporary loan for construction - P90,000 Cost of paving parking area adjoining building - P45,000 Excavation expenses for foundation of building - P150,000 Cost of construction - P9,800,000 . What is the costs of the land? DA P4.636,000 B. 4,461,000 CP4,661,000 OD. P4,536,000