An investment property was purchased for C300 000, payable over 5 years. The cost of financing included in this amount payable is C30 000. In addition to this sum, C10 000 legal fees were incurred and property transfer tax of C50 000 was incurred. Start-up costs of C80 000 were incurred in order to supply electricity to the building. A loss of C20 000 was incurred during the first month during which full occupancy was not yet achieved. The property must be initially measured at