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Carla Vista Clinic purchases land for $480000 cash. The clinic assumes $4500 in property taxes due on the land. The title and attorney fees totaled

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Carla Vista Clinic purchases land for $480000 cash. The clinic assumes $4500 in property taxes due on the land. The title and attorney fees totaled $2700. The clinic had the land graded for $6500. What amount does Carla Vista Clinic record as the cost for the land? $486500 $493700. $480000 $487200

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