The annual report of ROFFA Co. as of December 31 2020, contains the following Informations Property, Plant, and Equipment Land and buildings Machines 300000 Equipment 44000 Land and buildings On February 1, 2021, ROFFA Co. purchased land with two old buildings for E 1100000. The Intention behind this purchase is to build a modern factory on that plot. The company paid $ 66000 to raze the old buildings and sold salvaged lumber and brick for E 15000. ROFFA paid $ 135000 to an engineering firm for drawing the factory plans. The contractor's charge for the construction of the factory was E 5440000. Interest costs of E 310000 were Incurred to finance the construction of the factory. Machines ROFFA Co. bought a machine on January 1, 2017, for