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Wilson Co - WilsonCo.$600,000...

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Wilson Co. purchased land as a factory site for $600,000.  Wilson paid $60,000 to tear down two buildings on the land. Salvage was sold for $5,400. Legal fees of $3,480 were paid for  title investigation and making the purchase. Architect's fees were $31,200. Title insurance cost $2,400, and liability insurance  during construction cost $2,600. Excavation cost $10,440. The contractor was paid $2,200,000. An assessment made by the  city for pavement was $6,400. Interest costs during construction were $170,000. The cost of the land that should be recorded by Wilson Co. is $676,280. $660,480. $666,880. $669,880. Wilson Co. purchased land as a factory site for $600,000. Wilson paid $60,000 to tear down two buildings on the land.  Salvage was sold for $5,400. Legal fees of $3,480 were paid for title investigation and making the purchase. Architect's fees  were $31,200. Title insurance cost $2,400, and liability insurance during construction cost $2,600. Excavation cost $10,440.  The contractor was paid $2,200,000. An assessment made by the city for pavement was $6,400. Interest costs during  construction were $170,000. The cost of the building that should be recorded by Wilson Co. is $2,413,200. $2,414,240. $2,404,840. $2,403,800. On February 1, 2010, Nelson Corporation purchased a parcel of land as a factory site for $200,000. An old building on the  property was demolished, and construction began on a new building which was completed on November 1, 2010. Costs  incurred during this period are listed below:
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Demolition of old building $     20,000 Architect's fees 35,000 Legal fees for title investigation and purchase contract 5,000 Construction costs 1,090,000 (Salvaged materials resulting from demolition were sold for $10,000.) Nelson should record the cost of the land and new building, respectively, as $210,000 and $1,130,000. $215,000 and $1,125,000. $210,000 and $1,125,000. $225,000 and $1,115,000. Mendenhall Corporation constructed a building at a cost of $10,000,000. Average accumulated expenditures were  $4,000,000, actual interest was $600,000, and avoidable interest was $300,000. If the salvage value is $800,000, and the 
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