Litton Company is constructing a new office building. Costs of the building are as follows: Wages paid to construction NOL KG TSS ecRe ain cue circ tice elsieiiel: rar tre neritic eon a $185,000 Biiidiing materials pPULeMaSed aint ai = afer saci ie a nae gina cae 2 le milan aleve 2 456,000 Interest expense on construction loan... .-. + +++ sees rere trees etre teen eees 13,800 Interest expense on mortgage loan during the first year subsequent to the building’s completion ........-.---+eeesee reees 22,000 Given the above costs, at what amount should the building be recorded in the accounting records?