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Assuming that an owner of a legal building has a single-storage house of a reinforced brick structure of 100 square meters (approximately 30.25 pings), if such owner reaches an agreement with the city government and such structure is vacated and handed over to the city government within the time limit, what is the removal compensation fee that the owner can receive? (Excluding the settlement fee of NT$ 900,000 and the people relocation fee)

Building removal compensation fee 100×16,460= NT$ 1,646,000

Agreement incentive pay NT$ 1,646,000×20%= NT$ 329,200

Vacating and handover incentive pay  NT$ 1,646,000×60%= NT$ 987,600

Total of the above amount is NT$ 2,962,800