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Virty [35]
4 years ago
12

Vijay Inc. purchased a three-acre tract of land for a building site for $320,000.

Business
1 answer:
Olenka [21]4 years ago
8 0

Answer:

c. $334,650.

Explanation:

The computation of the capitalized cost of the land is shown below:

= Purchase value of land for building + demolished value of old building + cost of title insurance + attorney fees + property taxes - scrap value from the building

= $320,000 + $12,000 + $900 + $500 + 2,750 - $1,500

= $334,650

The property taxes would be

= Property taxes paid - covered amount

= $3,000 - $250

= $2,750

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Answer:

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3 years ago
It is critical for body cells to maintain fluid and electrolyte balance. The body achieves this balance by?
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2 years ago
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Explanation:

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