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43:) Soccer Wholesale purchased land and a warehouse for one price of $780 ,000. Soccer Wholesale makes the following expenditures related to the acquisition :

43:) Soccer Wholesale purchased land and a warehouse for one price of $780 ,000. Soccer Wholesale makes the following expenditures related to the acquisition : brokers commision, 47, 400; title insurance, 53900; and miscellaneous closing costs $6000. The warehouse Is immediatley demolished at a cost of $82,500 for a new warehouse. cust of land

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