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4. ABC Cor. Purchased a land which has a building on it and paid cash the following expenses: ( $40000 to the seller, $2000 to

4. ABC Cor. Purchased a land which has a building on it and paid cash the following expenses: ( $40000 to the seller, $2000 to real-estate agent, $1000 registration fees, $500 to remove the old building, $350 for lighting the land), The cost of the land is : (1.5 Points) $43500 $43850 $43000 $40000 $40000 5. a $120,000 note receivable was issued on April 14, 6 months, 10% interest rate, whats the amount of total interest? (1.5 Points) 600000 600 60000 other answer 6000

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