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Compute the cost of land based on the following data. Purchase price of land 100,000 Assumption of past due property taxes on the land 3,000

Compute the cost of land based on the following data.

Purchase price of land 100,000

Assumption of past due property taxes on the land 3,000

Cost of title and attorney fees 20,000

Cost of grading land 4,000

Cost to pave parking lot 8,200

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