Sheffield Company purchased land for $115400 with the intentions of constructing a new operating facility. The land purchase included a didated building that was removed at a cost of $15700. The only salvage value from this old building was some materials which were sold for proceeds of $3800. Sheffield had paid surveying costs of $1800 and legal fees related to land transfer of $6500 The new building was quickly constructed at a total cost of $421600 Permits on the construction of this new facility totalled $18500 surance premiums of $9400 are paid annually. The production manager is currently on site facilitating the production startup. This manager is an annual salary of $84700. What capital cost is assigned to the new building?