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Thompson Glacier Limited purchased a tract of land and contracted with a commercial developer to build an office building. Thompson Glacier Limited also engaged other

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Thompson Glacier Limited purchased a tract of land and contracted with a commercial developer to build an office building. Thompson Glacier Limited also engaged other contractors for fencing, paving, lighting, and landscaping. The following costs were incurred: Purchased land for $100,000. Paid $2,000 for seller's back property taxes. Paid a builder $225,000 to design and build the office building. Paid an excavation company $6,000 to grade and clear the land to make it suitable for building purposes. Paid a landscaping company $6,500 for trees and shrubs. Paid a lighting contractor $10,000 for outside lighting around the parking area and sidewalks. Paid $15,000 to have the parking lot paved. Paid a fence builder $12,000 to construct a security fence around the property. Instructions: Determine the cost of the land, the building, and the land improvements. Be sure to clearly label each item included in response. Paragraph B I U - ter 10 (Self-St....pdf A Solutions to E10-..docx

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