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A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: 9
A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: 9 2.34 points Purchase price of the land Sale of salvaged parts already on the land Demolition of the old building Ground-breaking ceremony (food and supplies) Land preparation and leveling $414,000 $ 34,000 $ 44,000 $ 2,200 $ 8,200 & 01:55:42 eBook What amount should be recorded for the purchase of the land? Print Multiple Choice $466,200 O $432,200 O $468,400
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