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Merchant Company purchased and for a building site. The costs associated with the property were 3. Purchase price Real estate commissions Legal fees Expenses of

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Merchant Company purchased and for a building site. The costs associated with the property were 3. Purchase price Real estate commissions Legal fees Expenses of clearing the land $185,000 15,000 700 5,000 What is the total recorded cost of them? Multicle Choice $200 000 Ste0 5187700 Multiple Choice 5200000 $185.000 $187700 $205700 $200700

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