what amount should the building be recorded in the accounting records?

Litton Company is constructing a new office building. Costs of the building are as follows

Wages paid to construction workers

$185,000

Building materials purchased

456,000

Interest expense on construction loan

13,800

Interest expense on mortgage loan during the

first year subsequent to the building s completion

22,000

Given the above costs, at what amount should the building be recorded in the accounting records?