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Juli2301 [7.4K]
3 years ago
11

These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorne

y’s fees $2,170, real estate broker’s commission $3,310, and clearing and grading $4,610. What is the cost of the land? The cost of the land $enter the cost of the land in dollars
Business
1 answer:
yulyashka [42]3 years ago
6 0

Answer:

$76,050

Explanation:

Given that,

cash price = $60,700

assumed accrued taxes = $5,260

attorney’s fees = $2,170

real estate broker’s commission = $3,310

clearing and grading = $4,610

Cost of the land:

= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $60,700 + $5,260 + $2,170 + $3,310 + $4,610

= $76,050

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2 years ago
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3 years ago
Henry and claudia can claim alyssa for which tax benefits
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3 years ago
What is protectionism and why would a country base trade policy on it? Explain at least two reasons.
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3 0
3 years ago
This year Luke has calculated his gross tax liability at $2,120. Luke is entitled to a $2,880 non-refundable personal tax credit
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Answer:

$3,460

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