Find the cost of land would be recorded at

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Question 1: A company purchased land for $60,000 cash. Real estate brokers' commission was $3,000 and $9,000 was spent for demolishing an old building on the land before construction of a new building could start. The cost of land would be recorded at

Option A) $63,000.

Option B) $60,000.

Option C) $72,000.

Option D) $69,000.

Reference no: EM132505447

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