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4 On January 6 , 2 0 X 1 , Baxter Company purchased a site for a new manufacturing plant for $ 3 , 3
On January X Baxter Company purchased a site for a new manufacturing plant for $ At a cost of $ it razed an existing facility fair market value $ and received $ from its salvage. The company also paid $ in attorney fees, $ in inspection fees, and $ for a permit to raze the facility. After the facility was torn down, the following costs were incurred: $ for fill dirt for the site, $ for leveling the site, $ for paving sidewalks and curbs, and $ for building costs of the new facility. The parking area was paved at a cost of $
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Compute the capitalized costs of the manufacturing plant, the land and the land improvements.
tabletableManufacturingPlantLand,tableLandImprovementsConstruction of manufacturing plant,,,Purchase of land,,,Demolition of building,,,Less salvage,,,Attorney fees,,,Inspection fees,,,Permit to raze facility,,,Purchase of fill dirt,,,Leveling of site,,,Paving of sidewalks and curbs,,,Construction and paving of parking lot,,,Total capitalized cost,,,
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