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Question 5 01:53:22 Hide Timer View Policies Current Attempt in Progress On March 1, 2022, Sunland Company acquired real estate, on which it planned to
Question 5 01:53:22 Hide Timer View Policies Current Attempt in Progress On March 1, 2022, Sunland Company acquired real estate, on which it planned to construct a small office building, by paying $81,000 in cash. An old warehouse on the property was demolished at a cost of $9,400; the salvaged materials were sold for $2,100. Additional expenditures before construction began included $3,000 attorney's fee for work concerning the land purchase, $8,500 real estate broker's fee, $9,600 architect's fee, and $18,400 to put in driveways and a parking lot. Determine the amount to be reported as the cost of the land. Cost of the land $ jpeg For each cost not used in previous part, indicate the account to be debited. Account to be debited - A
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