ABC Company acquired a land and the following expenditures to improve the land are below:...

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Accounting

ABC Company acquired a land and the following expenditures to improve the land are below:

Cost of paving driveway and parking lot: 55,000

Cost of trees, shrubs, and other landscaping: 33,000

Cost of installing lights in the parking lot: 19,000

Permanent fences: 350,000

How much is the cost of land improvement?

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