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Cheyenne Company acquires land for $56700 cash. Additional costs are as follows: Removal of shed $1780 Filling and grading 1470 Paving of parking lot 10600

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Cheyenne Company acquires land for $56700 cash. Additional costs are as follows: Removal of shed $1780 Filling and grading 1470 Paving of parking lot 10600 Closing costs 730 Cheyenne will record the acquisition cost of the land as $56700 $57430 $71280 $60680

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