Florida Real Estate Practice Question

A home has 2,000 square feet of living area and 400 square feet of garage. The reproduction cost new is $55 per square foot for the living area and $30 per square foot for the finished garage area. The site measures 80 feet wide by 120 feet deep and is valued at $4 per square foot. The economic life of the home is estimated to be 60 years. The house is 15 years old. What is the value of the property using the cost-depreciation approach?