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help asap please Travis, Inc. purchased land to build a future office location. In the first quarter the following amounts were incurred Acquisition of land
help asap please
Travis, Inc. purchased land to build a future office location. In the first quarter the following amounts were incurred Acquisition of land $43,000 Broker Fee 2,000 Surveys and legal fees 2,400 Land clearing Fencing 8,900 Install lighting and signage 1,800 600 Surveys and legal fees 2,400 Land clearing 600 Fencing 8,900 Install lighting and signage 1,800 Parking lot 2,600 Delinquent taxes 5,900 What amount should be recorded as the cost of the land in the corporation's books Step by Step Solution
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