Wilson Co. purchased land as a factory site for $1350000. Wilson paid $120000 to tear down...

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Wilson Co. purchased land as a factory site for $1350000. Wilson paid $120000 to tear down two buildings on the land. Salvage was sold for $8100. Legal fees of $5220 were paid for title investigation and making the purchase. Architect's fees were $46800. Title insurance cost $3600, and liability insurance during construction cost $3900. Excavation cost $15660. The contractor was paid $4200000. An assessment made by the city for pavement was $9600. Interest costs during construction were $255000. The cost of the building that should be recorded by Wilson Co. is $4205700. O $4219800 $4207260. $4521360. Wilson Co. purchased land as a factory site for $1350000. Wilson paid $120000 to tear down two buildings on the land. Salvage was sold for $8100. Legal fees of $5220 were paid for title investigation and making the purchase. Architect's fees were $46800. Title insurance cost $3600, and liability insurance during construction cost $3900. Excavation cost $15660. The contractor was paid $4200000. An assessment made by the city for pavement was $9600. Interest costs during construction were $255000. The cost of the building that should be recorded by Wilson Co. is $4205700. O $4219800 $4207260. $4521360.