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 $304,000. If the added value of the site was $77,000 and accrued depreciation amounted to $51,000, what was the estimated value of the building using the cost approach?

multiple choice

$346,500.00

$379,500.00

$330,000.00

$412,500.00