Brief Exercise 9-1 These expenditures were incurred by Dunston Company in purchasing land: cash price $58,600; accrued taxes $5,260 attorney's fees $2,110; real estate broker's commission $3,470; and clearing and grading $4,180 What is the cost of the land? The cost of the lend Click if you would like to Show Work for this questions Open Show Work Do It! Review 9-3 Relaford Corporation purchased a piece of equipment for $64,800. It estimated an 7-year life and $2,970 salvage value. At the end of year 3 (before the depreciation adjustment), it estimated the new total life to be 9 years and the new salvage value to be $4,350 Compute the revised depreciation. Company uses straight-line depreciation method. (Round answers to O decimal places e.g. 125 Revised depreciations Click if you would iske to Shew Work fer this questions Open Show work