=+The following payments and receipts are related to land, land improvements, and buildings acquired for use in a wholesale apparel business. The receipts are identified by an asterisk.

a. Finder’s fee paid to real estate agency . . . . . . . . . . . . . . . . . . . . . . . . $ 4,000

b. Cost of real estate acquired as a plant site: Land . . . . . . . . . . . . . . . . 375,000 Building . . . . . . . . . . . . . 25,000

c. Fee paid to attorney for title search . . . . . . . . . . . . . . . . . . . . . . . . . . 2,500

d. Delinquent real estate taxes on property, assumed by purchaser . . . 31,750