CUTTEREM Progress Marin Supply plc, a newly formed company incurred the following expenditures related to Land, Buildings, and Equipment. 470 2,840 82,800 18,000 4.950 Abstract company's fee for title search Architect's fees Cash paid for land and dilapidated building thereon Removal of old building Less: Residual value Borrowing costs on short-term loans during construction Excavation before construction for basement Equipment purchased (subject to 2% cash discount, which was not taken) Freight on equipment purchased Storage charges on equipment, necessitated by non-completion of building when equipment was delivered New building constructed (building construction took 6 months from date of purchase of land and old building) Assessment by city for drainage project Hauling charges for delivery of equipment from storage to new building Installation forumet 13,050 6,670 17,100 58,500 1.220 1.940 436,500 1.430 550 1 RO TEL O 2 ASUS VivoBook F5 FZ FB FQ T10 X2 B co A PAS Question 2 of 6