xam. Saved A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: Purchase price of the land $414,000 Sale of salvaged parts already on the land $ 34,000 Demolition of the old building $ 44,000 Ground-breaking ceremony (food and $ 2,200 supplies) Land preparation and leveling 8,200 What amount should be recorded for the purchase of the land? Multiple Choice $434,400. $468.400. $432,200 < Prev 1 of 45 Next > Help