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On March 1, 2022, Bramble Company acquired real estate on which it planned to construct a small office building, by paying $95,000 in cash. An

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On March 1, 2022, Bramble Company acquired real estate on which it planned to construct a small office building, by paying $95,000 in cash. An old warehouse on the property was demolished at a cost of $9,300; the salvaged materials were sold for $2,700. Additional expenditures before construction began included $1,900 attorney's fee for work concerning the land purchase, $4,500 real estate broker's fee, $7,800 architect's fee, and $14,300 to put in driveways and a parking lot. Determine the amount to be reported as the cost of the land. Cost of land $ Pronghorn Corporation issued 1,850 shares of stock. Prepare the entry for the issuance under the following assumptions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) The stock had a par value of $7.00 per share and was issued for a total of $47,500. (b) The stock had a stated value of $7.00 per share and was issued for a total of $47,500. (c) The stock had no par or stated value and was issued for a total of $47,500. (d) The stock had a par value of $7.00 per share and was issued to attorneys for services during incorporation valued at $47,500. (e) The stock had a par value of $7.00 per share and was issued for land worth $47,500

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