[chevychev]

On February 12, Laker Company purchased a tract of land as a factory site for 175,000. An existing building on the property was razed and construction was begun on a new factory building in March of the same year. Additional data are available as follows:
Cost of razing old building 35,000
TItle insurance and legal fees to purchase land 12,500
Architect's fees 42,500
New building construction cost 875,000

The recorded cost of the completed factory building should be
a) 910,000
b) 930,000
c) 952,500

d) 917,500

[pready]

All the costs you have mentioned should be included to record the cost of the completed factory building.