Determining Cost of Land On-Time Delivery Company acquired anadjacent lot to construct a new warehouse, paying $38,000 in cashand giving a short-term note for $327,000. Legal fees paid were$2,250, On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paving \( \$ 38,000 \) in cash and giving a short-term note for \( \$ 327,000 \). Legal fees paid were \( \$ 2,250 \), d 2 answers