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Crane Clinic purchases land for $174000 cash. The clinic assumes $1000 in property taxes due on the land. The title and attorney fees totaled $900.

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Crane Clinic purchases land for $174000 cash. The clinic assumes $1000 in property taxes due on the land. The title and attorney fees totaled $900. The clinic has the land graded for $1500. What amount does Crane Clinic record as the cost for the land? $177400$170600$174000$171600

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