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HW Score: 40 % , 4 ot 3 of 6 (2 complete) Score: 0 of 2 pts hE9-17 (similar to) Assigned Media Question Help Belvidere

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HW Score: 40 % , 4 ot 3 of 6 (2 complete) Score: 0 of 2 pts hE9-17 (similar to) Assigned Media Question Help Belvidere Furniture purchased land, paying $70,000 cash and signing a $320,000 note payable. In addition, Belvidere paid delinquent property tax of $4,000, title insurance costing $3,000, and $7,000 to level the land and remove an unwanted building. The company then constructed an office building at a cost of $600,000. also paid $51,000 for a fence around the property, $12,000 for a sign near the entrance, and $6,000 for special lighting of the grounds Read the requirements Requirement 1. Determine the cost of the land, land improvements, and building The cost of the land is $

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