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Land is purchased for $200,000. Back taxes paid by the purchaser were $7,300; total costs to demolish an existing building were $17,000 and the cost
Land is purchased for $200,000. Back taxes paid by the purchaser were $7,300; total costs to demolish an existing building were $17,000 and the cost to clear the land was $18,000. The cost of paving the parking lot was $9,000. The cost of land is ______ and the cost of improvements is ____________.
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