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can ibget help please TB MC Qu. 10-87 (Algo) A company purchased a three-acre tract of... A company purchased a three-acre tract of land for

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TB MC Qu. 10-87 (Algo) A company purchased a three-acre tract of... A company purchased a three-acre tract of land for a bulling stte for $320,000. On the land was a bullding with on approised value of $125,000. The company demolished the old buiding at a cost of $11,400, but was able to seil scrap from the buliding for 51,690 . The cost of tite lhsurance was 5830 and atiorney fees for reviewing the contract were $470 Property taxes paid were 52,500 , of which $190 covered the period subsequent to the putehsse date, The copitalized cost of the land is: Mutide chicice 5335010 533320 5196020 5335,200

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