Assume: Purchase price of the land 26531.00 Real estate commission (%) of the purchase price...

70.2K

Verified Solution

Question

Accounting

Assume: Purchase price of the land 26531.00 Real estate commission (%) of the purchase price 5.80 Demolition of old building on site 6230.13 Sale of scrap from old building 2641.58 Construction cost of the new building 183239.00 Land survey costs 2095.95 Back taxes 2520.45 Architect fees 23637.83

The initial value of the building is___________

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students