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On July 20, Jaiden Labby bought land for his business. The land cost $60,000. To ready the land for use, Jaiden had to pay for

On July 20, Jaiden Labby bought land for his business. The land cost $60,000. To ready the land for use, Jaiden had to pay for landscaping, $40,000; drainage and sewers, $30,000; inspection, $5,000; real estate commission, $10,000; and legal fees, $500. Record the purchase of the land.

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