The Alpha Way Co. commenced operations on January 1 of the current year. During the year, the company incurred the following: 1. How much is the total cost of land? 2. Using the information provided in Problem 1, compute for the total cost of building. 6,220,000 7,000.000 7,720,000 7,920,000 3. Using the information provided in Problem 1, compute for the total cost of land improvements. 1,130,000 2,630,000 2,080,000 780,000