Bonita Industries purchased land as a factory site for $1355000. Bonita paid $112000 to tear...
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Bonita Industries purchased land as a factory site for $1355000. Bonita paid $112000 to tear down two bulidings on the land, Salvage was sold for $8500. Legal fees of $5160 were paid for title investigation and inaking the purchase. Architect's fees were $46100. Tite insurance cost $3900, and liability insurance during construction cost $4200. Excavation cost $15740. The contractor, was paid $4300000. An assessment made by the city for pavement was $9600. Interest costs doring construction were $251000. The cost of the land that should be recorded by Barita tndustricis is $1467560. $1477160. $1481760. $1491360
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