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Vsevolod [243]
3 years ago
6

The cost of land does not include:

Business
1 answer:
netineya [11]3 years ago
8 0

Answer:

c. costs of improvements with limited lives.

Explanation:

The cost of land and the cost of land improvement are two different things. As land is not depreciated because of unlimited life whereas the land improvement is depreciated.

The cost of land includes legal fees, survey fees, grading, filling, removing cost, special assessments, etc  whereas the cost of land improvement includes parking lots, sidewalks, irrigation systems.

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