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0 Tiber Corp purchased land for $78,000. Additionally, Tiber paid title insurance of $300, a commission of $7,100, and back taxes due in the amount

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0 Tiber Corp purchased land for $78,000. Additionally, Tiber paid title insurance of $300, a commission of $7,100, and back taxes due in the amount of $7.000. To ready the land for construction, Tiber paid $4,000 to remove an unwanted building, $6,000 to level and grade the property, and $14,000 for paving The cost of the company's land is and the land improvements are O A $78,000, 538,400 B. 596,400, $18,000 OC. $92,400, $24,000 D. $102,400, S14,000 A new vehicle was purchased on January 1 for $50,000. It has a salvage value of $9,000 and a useful life of 6 years To the nearest dollar, how much will the depreciation expense for the vehicle be for the first year using the straight-line method? (Round the final answer to the nearest dollar) A $694 B. 56,833 C. $569 D. $8,333 Paulo's Pizza has a delivery vehicle that was purchased for $44,000 and has a salvage value of $4,000. It expects the vehicle to fast 200,000 miles. During Year 1 the vehicle traveled 33,000 miles and during Year 2, the vehicle traveled 30,500 miles. What is the depreciation expense for Year 2 to the nearest dollar using the units-of-production method? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar) O A $7.260 OB. 86,600 C. $6,100 OD. $6.710

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