leeamation31
17.12.2021 •
Business
purchased a $520,000 tract of land that is intended to be the site of a new office complex. Larkin incurred additional costs and realized salvage proceeds during 2021 as follows: Demolition of existing building on site $ 67,000 Legal and other fees to close escrow 12,200 Proceeds from sale of demolition scrap 8,200 What would be the balance in the land account as of December 31, 2021
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C. an apartment community getting poor maintenance reviews