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These expenditures were incurred by Wildhorse Ltd. in purchasing land: cash price $412,800; legal fees $8,770; removal of old building $26,710; cost of clearing and

These expenditures were incurred by Wildhorse Ltd. in purchasing land: cash price $412,800; legal fees $8,770; removal of old building $26,710; cost of clearing and grading $6,640; installation of fence $2,990. What is the cost of the land?

Cost of the land:

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