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ACC 231 - Uses of Accounting Information - Emett John Pendery & T 03/09/21 8:46 PM Homework: Ch. 7 Homework Save Score: 0 of 2

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ACC 231 - Uses of Accounting Information - Emett John Pendery & T 03/09/21 8:46 PM Homework: Ch. 7 Homework Save Score: 0 of 2 pts 1 of 8 (0 complete) HW Score: 0%, 0 of 20 pt E7-22A (similar to) Question Help Murphy Sell Storage purchased land, paying $185,000 cash as a down payment and signing a $145.000 note payable for the balance. Murphy also had to pay delinquent property tax of $1.000 title insurance costing 55,000 and $10,000 to level the land and remove an unwanted building The company paid $60,000 to add soll for the foundation and then constructed an office building at a cost of $850,000. It also paid $53 000 for a fence around the property. $12.000 for the company sign near the property entrance, and $3,000 for lighting of the grounds Read the requirement The cost of the land is Requirement 1. What is the capitalized cost of each of Murphy's land land improvements, and building? Print Done Enter any number in the edit felds and then click Check Answer 2 parts remaining Dear All Check

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