Question 30 Not yet answered Marked out of 1.00 Wilson Co. purchased land as a factory site for $600,000. Wilson paid $60,000 to tear down two buildings on the land. Salvage was sold for $5,400. Legal fees of $3,480 were paid for title investigation and making the purchase. Architect's fees were $31,200. Title insurance cost $2,400, and liability Insurance during construction cost $2,600. Excavation cost $10,440. The contractor was paid $2,200,000. An assessment made by the city for pavement was $6,400. Interest costs during construction were $170,000. The cost of the land that should be recorded by Wilson Co. Is P Flag question Select one: a. $666,880 b. $660,480 c. $676,280 d. $669,880 Question 33 The difference between the historical value and the book value is Not yet answered Marked out of 1.00 Select one: o a. accumulated depreciation o b. depreciation expense O c. Market value d. Current value P Flag