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On December 1,2025 , Coronado Industries purchased a tract of land as a factory site for ( $ 730000 ). The old building on the
On December 1,2025 , Coronado Industries purchased a tract of land as a factory site for \\( \\$ 730000 \\). The old building on the property was razed, and salvaged materials resulting from demolition were sold. Additional costs incurred and salvage proceeds realized during December 2025 were as follows: In Coronado's December 31, 2025 balance sheet, what amount should be reported as land? \\[ \\begin{array}{l} \\$ 784900 . \\\\ \\$ 815700 . \\\\ \\$ 809600 . \\\\ \\$ 754700 . \\end{array} \\]
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