Assume Purchase price of the land 84730.00 Real estate commission (%) of the purchase price...

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Accounting

Assume Purchase price of the land 84730.00 Real estate commission (%) of the purchase price 6.90 Demolition of old building on site 34183.87 Sale of scrap from old building 16476.63 Construction cost of the new building 697630.00 Land survey costs 6185.29 Back taxes 9998.14 Architect fees 57903.29 The initial value of the land is ____________

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