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Land is purchased for $ 600 comma 000$600,000. Back taxes paid by the purchaser were $ 6 comma 500$6,500; total costs to demolish an existing
Land is purchased for
$ 600 comma 000$600,000.
Back taxes paid by the purchaser were
$ 6 comma 500$6,500;
total costs to demolish an existing building were
$ 7 comma 000$7,000
and the cost to clear the land was
$ 22 comma 000$22,000.
The cost of paving the parking lot was
$ 10 comma 000$10,000.
The cost of land is ________ and the cost of land improvements is ________.
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