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14 Not yet and Per Wilson Company purchased land as a factory site for $1,350,000. Wilson paid $120,000 to tear down two buildings on the
14 Not yet and Per Wilson Company purchased land as a factory site for $1,350,000. Wilson paid $120,000 to tear down two buildings on the land, with salvage of the buildings sold for $8,100. Title investigation and title insurance for the land cost $5,220 and $3,600, respectively. An assessment made by the city for pavement was $9,600. What is the cost of the land? Select one: a. $1,470,720. b. $1,480,320. c. $1,484,820. d. $1,494,420
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