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Multiple Choice Question 60 Oriole Company acquires land for $77000 cash. Additional costs are as follows. Removal of shed $400 Filling and grading 1300 Salvage

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Multiple Choice Question 60 Oriole Company acquires land for $77000 cash. Additional costs are as follows. Removal of shed $400 Filling and grading 1300 Salvage value of lumber of shed 200 Broker commission 1310 Paving of parking lot 10000 Closing costs 520 Oriole will record the acquisition cost of the land as $78830 $77000. $80730. $80330

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