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What is the cost of land equals to

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A company purchased a plot of land to build a factory worth 260,000. the new company has spend the following amounts.

The amount of 15,000 attorney fees and land purchase commission, 2000 land ownership license fee, 3000 property taxes due on the land, 10,000 costs for adding fence and lighting poles for the land, the cost of parking lots 5000, the cost of construction work for the new building reached 500,000. the building license cost 25000.

Question 1: What is the cost of land equals to

Reference no: EM132518435

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