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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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