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These expenditures were incurred by Crane Ltd . in purchasing land: cash price $ 4 4 0 , 4 0 0 ; legal fees $

These expenditures were incurred by Crane Ltd

.

in purchasing land: cash price $

440, 400

; legal fees $

8, 460

; removal of old building $

22, 980

; cost of clearing and grading $

7, 010

; installation of fence $

3, 250 .

What is the cost of the land?

Cost of the land $

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