2. Atikokan Properties purchased land and a building on April 1, 2021. Other information pertaining to this purchase follows: 13 marks Purchase price of land and building $ 852,356 Appraisal value of land on April 1, 2021 $ 131,300 Appraisal value of building on April 1, 2021 $ 742,200 Legal fees for the purchase of the property $ 8,317 Atikokan renovated the purchased building during the month of April 2021, incurring the following additional costs: $ 128, 121 During the months of May and June 2021, Atikokan constructed a second building on the new property, incurring the following additional costs: Clearing, grading, and filling the land $ 23,887 Architectural and design fees $ 12,004 Land survey costs for building construction site $ 6,085 Excavation costs $ 7,155 Construction costs 754,546 Paving for driveway to building $ 32,126 At the conclusion of construction, Atikokan paid the following premium for a one-year policy to insure the new building: $ 4,429 On December 31, 2021, Atikokan received a special assessment from the municipality for road improvements in the following amount: 7,655 REQUIRED: Determine the total cost of each of the following assets and prepare any journal entries required for each of the above transactions: Land Building 1 (Original building) Building 2 (Newly constructed building) Land Improvements (Round any calculations to nearest whole percentage) Assume that all costs were paid in cash