How much can the dining area be valued at applying the going concern assumption?

300 460 Problem 3: Sound Value - Unit-in-place Method and Liquidation Value Green Resto Inc. constructed a separate open-air dining area five years ago. It has the following components and cost to reproduce. Component Square Foot Cost to Reproduce Foundation P 3,000 Floor 1,000 Walls 140 1,200 Ceiling 1,800 Water, electrical and heating system 900 Component Square Foot Current Value of Land Land where the building is constructed on 300 P 4,000 Open spaces 500 5,000 It has 15 years left of its useful life. If sold today, it would cost Green P400,000 to dispose. 150 50