answer the following multiple choice Best Iron Manufacturing purchases a piece of...
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Accounting
answer the following multiple choice
Best Iron Manufacturing purchases a piece of land for $700,000. The company also paid: $5,000 in legal fees related to the purchase of the land; $15,000 for a driveway; $8,000 for the fence; and $3,000 in preparing the land for use. What is the vatue of the fand improvement? \begin{tabular}{|l|l|} \hline 26.000 \\ 23.000 \\ $15,000 \\ 8.000 \\ \hline \end{tabular}
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