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These expenditures were incurred by Sunland Ltd. in purchasing land: cash price $453,000; legal fees...

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These expenditures were incurred by Sunland Ltd. in purchasing land: cash price $453,000; legal fees $7,960; removal of old building $25,490; cost of clearing and grading $7,110; installation of fence $2,910. What is the cost of the land? Cost of the land $

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