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Mathematics, 31.07.2019 22:30 tednequamoore4307
Capital construction purchased a 3-acre tract of land for a building site for $350,000. the company demolished the old building at a cost of $12,000, but was able to sell scrap from the building for $1,500. the cost of title insurance was $900 and attorney fees for reviewing the contract was $500. property taxes paid were $3,000, of which $250 covered the period after the purchase date. the capitalized cost of the land is:
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Capital construction purchased a 3-acre tract of land for a building site for $350,000. the company...
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