What is the cost of the land, based upon the following data Land purchase price $178,616 Broker's commission 19,879 Payment for the demolition and removal of existing building 4,275 Cash received from the sale of materials salvaged from the demolished building 1,884

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What is the cost of the land, based upon the following data? Land purchase price $178,616 Broker's commission 19,879 Payment for the demolition and removal

What is the cost of the land, based upon the following data?

Land purchase price	$178,616
Broker's commission	19,879
Payment for the demolition and removal of existing building	4,275
Cash received from the sale of materials salvaged from the demolished building	1,884

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