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On July 1, 2021, Larkin Co. purchased a $500,000 tract of land that is intended to be the site of a new office complex.

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On July 1, 2021, Larkin Co. purchased a $500,000 tract of land that is intended to be the site of a new office complex. Larkin incurred additional costs and realized salvage proceeds during 2021 as follows: Demolition of existing build Legal and other fees to clos Proceeds from sale of demoli

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