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Show work in steps. Thanks. Question 7-2 Land is purchased for $62,500. Back taxes paid by the purchaser were $7,500; total costs to demolish an
Show work in steps. Thanks.
Question 7-2 Land is purchased for $62,500. Back taxes paid by the purchaser were $7,500; total costs to demolish an existing building were $11,000, fencing costs were $12,500, and lighting costs were $1,500. What is the cost of the land? A) $62,500 B) $81,000 C) $93,500 D) $95,000Step by Step Solution
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