Based upon the following data, what is the cost of the land? ...
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Accounting
Based upon the following data, what is the cost of the land?
| Land purchase price | $192,411 |
| Broker's commission | 15,502 |
| Payment for the demolition and removal of existing building | 5,028 |
| Cash received from the sale of materials salvaged from the demolished building | 1,398 |
$
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