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Acer, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: What amount should be recorded as the cost

Acer, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: What amount should be recorded as the cost of the land in the corporation's books? A. $26,600 B. $25,700 C. $18,600 D. $19,960

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