Determine the cost of the land, based on the following data.
$\begin{array}{ll}
\$ 180,000 & \text { Land purchase price } \
15,000 & \text { Broke1's commission } \
5,000 & \text { Payment for the demolition and removal of existing building } \
1,000 & \text { Cashreceived from the sale of materials salvaged from the demolished building }
\end{array}$

Question

Determine the cost of the land, based on the following data.
 $\begin{array}{ll}
\$ 180,000 & \text { Land purchase price } \
15,000 & \text { Broke1's commission } \
5,000 & \text { Payment for the demolition and removal of existing building } \
1,000 & \text { Cashreceived from the sale of materials salvaged from the demolished building }
\end{array}$

Quizplus · Accepted Answer

The Answer of Determine the cost of the land, based on the following data.
 $\begin{array}{ll}
\$ 180,000 & \text { Land purchase price } \
15,000 & \text { Broke1's commission } \
5,000 & \text { Payment for the demolition and removal of existing building } \
1,000 & \text { Cashreceived from the sale of materials salvaged from the demolished building }
\end{array}$

Determine the Cost of the Land, Based on the Following