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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 $180,810 Broker's commission 18,336
Based on the following data, determine the cost of the land to be reported on the balance sheet.
Land purchase price | $180,810 |
Broker's commission | 18,336 |
Payment for demolition and removal of existing building | 3,148 |
Cash received from sale of materials salvaged from demolished building | 1,637 |
$fill in the blank
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