OneLogin ork SO GO GO LALGO A ALGO s: 2/11 items nt Score: 10% DAL Week 12-23FA FINANCIAL ACCOUNTI.... eBook C CengageNOWv2 | Online teaching and L Check My Work Show Me How Print Item All work saved. ECH 13, 14, 15 INTRO TO BUSINESS - Go.... Determining cost of land On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $40,000 in cash and giving a short-term note for $311,000. Legal fees paid were $1,670, delinquent taxes assumed were $11,300, and fees paid to remove an old building from the land were $17,800. Materials salvaged from the demolition of the building were sold for $5,300. A contractor was paid $1,067,000 to construct a new warehouse. Determine the cost of the land to be reported on the balance sheet. GIG TRANSPORTATION - Google Slides Previous Next Save and Exit Submit Assignment for Grading