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These expenditures were incurred by Pharoah Company in purchasing land: cash price $59,270, assumed accrued taxes $4,640, attorne/s fees $2,130, real estate broker's commission $3,970,

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These expenditures were incurred by Pharoah Company in purchasing land: cash price $59,270, assumed accrued taxes $4,640, attorne/s fees $2,130, real estate broker's commission $3,970, and clearing and grading $4,710. What is the cost of the land? The cost of the land

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