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Self Storage purchased land, paying 1 4 0 , 0 0 0 cash as a down payment and signing a 1 8 5 , 0

Self Storage purchased land, paying 140,000 cash as a down payment and signing a185,000 note payable for the balance. also had to pay delinquent property tax of 4,500 title insurance costing ,3000 and 11000 to level the land and remove an unwanted building. The company paid 51000 to add soil for the foundation and then constructed an office building at a cost of 850000. It also paid 50000 for a fence around the property, 14000 for the company sign near the property entrance, and 2000 for lighting of the grounds.

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