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These expenditures were incurred by Dobbin Company in purchasing land: cash price $60,000, assumed accrued property taxes $5,000, attorneys fees $2,100, real estate brokers commission

These expenditures were incurred by Dobbin Company in purchasing land: cash price $60,000, assumed accrued property taxes $5,000, attorneys fees $2,100, real estate brokers commission $3,300, and clearing and grading $3,500.

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