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On July 1 2018. Larkin Co purchased e 5400.000 tract of land that is intended to be the site of a new office complex Larkin incurred in costs and realized salvage Droed during 2018 as follows Demolition of existing building on site tepal and other fees to close escrow Proceeds from sale of demolition scrap 525,000 12.000 10.000 What would be the balance in the land accounts of December 31, 2018 utue chose $400,000 STOO 547 000 PE 62-18 Next >