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Dragic, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $19,000 Surveys and legal fees

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Dragic, Inc. plans to develop a shopping center. In the first quarter, the following amounts were spent: Acquisition of land $19,000 Surveys and legal fees 900 Land clearing 2,000 Fencing 1,100 Install lighting and signage 14,060 What amount should be recorded as the land improvements cost

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