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Question 10 Your answer is correct. A company purchased land for $70900 cash. $8000 was spent demolishing an old building on the land before construction

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Question 10 Your answer is correct. A company purchased land for $70900 cash. $8000 was spent demolishing an old building on the land before construction of a new building could start. The cost of land would be recorded at $78900. $70900. C $62900. $8000

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