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These expenditures were incurred by Sheridan Company in purchasing land: cash price $59,530, assumed accrued property taxes $5,450, attorneys fees $2,450, real estate brokers commission

These expenditures were incurred by Sheridan Company in purchasing land: cash price $59,530, assumed accrued property taxes $5,450, attorneys fees $2,450, real estate brokers commission $3,210, and clearing and grading $4,630. What is the cost of the land?

The cost of the land

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