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help pls Soccer Wholesale purchased land and a warehouse for one price of $720,000, In addition to the purchase price, Soccer Wholesale makes the following
help pls Soccer Wholesale purchased land and a warehouse for one price of $720,000, In addition to the purchase price, Soccer Wholesale makes the following expenditures related to the acquisition: broker's commission, $45,500; title insurance, $2.700; and misceltaneous closing costs, $8,200. The warehouse is immediately demolished at a cost of $72,000 in anticipation of buliding a new warehouse. Determine the amount Soccer Wholesale should record as the cost of the land
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