Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the reproduction cost of the subject property is $410,000. If the added value of the site was $75,000 and accrued depreciation amounted to $45,000, what was the estimated value of the building using the cost approach?

		$365,000
		$440,000
		$430,000
		$485,000