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Based upon the following data, what is the cost of the land? Land purchase price $175,867 Broker's commission 16,058 Payment for the demolition and removal
Based upon the following data, what is the cost of the land?
Land purchase price | $175,867 |
Broker's commission | 16,058 |
Payment for the demolition and removal of existing building | 3,611 |
Cash received from the sale of materials salvaged from the demolished building | 2,048 |
$
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