The expenditures and receipts below are related to land, land improvements and buildings:

(i) Payment of Insurance on Construction During Construction: $100

(ii) Payment of Insurance on Building After Construction complete: $200

(iii) Architect's fee for designing building:$300

(iv) Proceeds from salvage of old building which was on the site when we bought it: $60

(v) Payment of security guard's salary after construction is complete: $400

What amount should be capitalized for Buildings on the balance sheet based on this information: