The following cost were incurred by ABC Co in relation to its purchase of land and building: Land and building 3,000,000

[answerhappygod]

The following cost were incurred by ABC Co in relation to itspurchase of land and building:
Land and building 3,000,000
Survey and titling fees 20,000
Broker's commission, 45,000
Renovation of building, 500,000
Architect's fee 25,000
Parking lot which is not part of the building plan, P50,000
It was determined that the market value of the land is half ofthe building. How much is the cost of the building?
2,000,000
2,525,000
2,555,000
2,605,000