Cost of Specific Plant Items
The following expenditures were incurred by Peterson Enterprises Co. in 2008:
|
Purchase of land |
$ 270,000 |
|
Land survey |
4,800 |
|
Fees for search of title for land |
500 |
|
Building permit |
4,000 |
|
Temporary quarters for construction crews |
11,200 |
|
Payment to tenants of old building for vacating premises |
4,450 |
|
Razing old building |
41,000 |
|
Excavating basement |
13,000 |
|
Special assessment tax for street project |
2,400 |
|
Dividends |
4,000 |
|
Damages awarded for injuries sustained in construction (no insurance was carried) |
8,750 |
|
Costs of construction |
2,640,000 |
|
Cost of paving parking lot adjoining building |
55,000 |
|
Cost of shrubs, trees, and other landscaping |
36,000 |
What is the cost of the land, land improvements, and building?