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Question 9 (1 point) Stubbs Prosthetics purchased land for $110,000 cash; $5,000 was spent to demolish an old building on the land before construction of
Question 9 (1 point) Stubbs Prosthetics purchased land for $110,000 cash; $5,000 was spent to demolish an old building on the land before construction of a new building could start; and $4,500 was received for material salvaged from the old building. The cost of the land would be recorded at $119,500 $110,500 $100,500 O$109,500
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