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Based on the following data, determine the cost of the land to be reported on the balance sheet. Land purchase price $192,688 Broker's commission

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Based on the following data, determine the cost of the land to be reported on the balance sheet. Land purchase price $192,688 Broker's commission 16,374 Payment for demolition and removal of existing building 3,756 Cash received from sale of materials salvaged from demolished building 2,227

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