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Crane Clinic purchases land for $470000 cash. The clinic assumes $4000 in property taxes due on the land. The title and attorney fees totaled $2200.
Crane Clinic purchases land for $470000 cash. The clinic assumes $4000 in property taxes due on the land. The title and attorney fees totaled $2200. The clinic had the land graded for $8300. What amount does Crane Clinic record as the cost for the land? O $484500. O $476200. O $470000. O $478300. A
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