Sue Glover purchased a tract of land and contracted with a bolder to builder an office building and land improvements accounts. Purchased land for $105,000 paid a contractor $200,000 to design and build the office building paid a demolition company $20,000 to remove an old structure on the property. paid $10,000 in delinquent taxes on the property. paid $20,000 for fencing. paid $15,000 for paving. paid an electrical contractor $20,000 for outdoor lighting. Cost of land Cost of building Cost of land improvements