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What is the cost of the land, based upon the following data? Land purchase price $186,020 Broker's commission 19,553 Payment for the demolition and removal
What is the cost of the land, based upon the following data?
| Land purchase price | $186,020 |
| Broker's commission | 19,553 |
| Payment for the demolition and removal of existing building | 4,676 |
| Cash received from the sale of materials salvaged from the demolished building | 1,984 |
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
4th edition
78025524, 978-0078025525
