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These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorney's fees $2,170, real estate broker's commission $3,310,

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These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorney's fees $2,170, real estate broker's commission $3,310, and clearing and grading $4,610. What is the cost of the land? The cost of the land $

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