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Morgan Farms purchases land for $250,000 cash and paid legal fees of $1,000 to complete the transaction. The company has the land graded for $3,700.
Morgan Farms purchases land for $250,000 cash and paid legal fees of $1,000 to complete the transaction. The company has the land graded for $3,700. What amount does Morgan Farms record as the cost for the land? O $253,700 O $254,700 O $252,700 O $251,000
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
