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Carla Vista Co. purchases land for $120000 cash. Carla Vista assumes $5100 in property taxes...

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Accounting

Carla Vista Co. purchases land for $120000 cash. Carla Vista assumes $5100 in property taxes due on the land. The title and attorney fees totaled $2200. Carla Vista has the land graded for $4400. They paid $15000 for paving of a parking lot. What amount does Carla Vista record as the cost for the land?

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