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These expenditures were incurred by Carla Vista Co. in purchasing land: cash price $61,440, assumed accrued taxes $4,720, attorneys fees $2,660, real estate brokers commission

These expenditures were incurred by Carla Vista Co. in purchasing land: cash price $61,440, assumed accrued taxes $4,720, attorneys fees $2,660, real estate brokers commission $3,360, and clearing and grading $4,060. What is the cost of the land?

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