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Hooper Clinic purchases land for $ 1 5 0 , 0 0 0 cash. The clinic assumes $ 1 , 5 0 0 in property
Hooper Clinic purchases land for $ cash. The clinic assumes $ in property taxes due on the land. The title and attorney fees totaled $ The clinic has the land graded for $ What amount does the Hooper Clinic record as the cost of the land?
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