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2A INTERMED. FINAN ACCT-2--202-ALL Branch Brook purchased land as a factory site for 601027 KD. Branch Brook paid 93030 KD to tear down two buildings

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2A INTERMED. FINAN ACCT-2--202-ALL Branch Brook purchased land as a factory site for 601027 KD. Branch Brook paid 93030 KD to tear down two buildings on the land. Salvage materials were sold for 5727 KD. Legal fees of 3711 KD were paid for title investigation and making the purchase. Architect's fees were 29507 KD. Title insurance cost 2007 KD, and liability insurance during construction cost 1800 KD. Excavation cost 10156 KD. The contractor was paid 1523 KD. Landscaping on the property was 6189 KD (considered permanent). Interest costs during construction were 159744 KD. Question 6 Answer saved Marked out of 3.00 Flag question The cost of the land that should be recorded by Branch Brook is: a. 711691.00 b. 859981.00 c. None of the answers is correct d. 700237.00 e. 889488.00 Clear my choice MacBook

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