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Which of the following is not included in the cost of land purchase price signs surveys and legal fees delinquent property tax A truck cost

Which of the following is not included in the cost of land

purchase price

signs

surveys and legal fees

delinquent property tax

A truck cost $60,000 when purchased and has a $55,000 balance in the accumulated depreciation account. If the truck is discarded we will record

loss on disposal

gain on disposal

no gain or loss because discarded

loss of 60k

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