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Cheyenne Company acquires land for $ 5 6 7 0 0 cash. Additional costs are as follows:Removal of shed$ 1 7 8 0 Filling and

Cheyenne Company acquires land for $56700 cash. Additional costs are as follows:Removal of shed$1780Filling and grading1470Paving of parking lot10600Closing costs730Cheyenne will record the acquisition cost of the land as$56700.$60680.$57430.$71280.

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