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help pls Miloy sol sboeage purchased land. paying $165,000 cash as a down payment and signing a $175,000 note payable for the bulance. Miloy also
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Miloy sol sboeage purchased land. paying $165,000 cash as a down payment and signing a $175,000 note payable for the bulance. Miloy also had b pay deinquent property tax of 51,000 , life insurance costing 55.000 , and $12.000 to levei the land and remove an unwanted bulding. The company pais $57,000 to add soi for the foundation and then constricted an effe bulding at a cest of $1,000,000 Af also peid \$54,000 tor a fence eround the peoperty, \$15.000 tor the company sign near the preperty entance, and $8,000 for lighting of the grounde. Read the requinmert. The cost of the land is Requirement 1. What is the capialiced cost of each of Milloy's land, land improvements, and bulding? Miloy sol sboeage purchased land. paying $165,000 cash as a down payment and signing a $175,000 note payable for the bulance. Miloy also had b pay deinquent property tax of 51,000 , life insurance costing 55.000 , and $12.000 to levei the land and remove an unwanted bulding. The company pais $57,000 to add soi for the foundation and then constricted an effe bulding at a cest of $1,000,000 Af also peid \$54,000 tor a fence eround the peoperty, \$15.000 tor the company sign near the preperty entance, and $8,000 for lighting of the grounde. Read the requinmert. The cost of the land is Requirement 1. What is the capialiced cost of each of Milloy's land, land improvements, and bulding Step by Step Solution
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