Vaughn Corporation purchased a tract of unimproved land for $565,000. This land was improved and...
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Vaughn Corporation purchased a tract of unimproved land for $ This land was improved and subdivided into building lots at an additional cost of $ These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows: tableGroupNo of Lots,Price per Lot$ At the end of the fiscal year Vaughn Corporation instructs you to arrive at the net income realized on this operation to date. 
Vaughn Corporation purchased a tract of unimproved land for $ This land was improved and subdivided into building lots at an additional cost of $ These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows:
tableGroupNo of Lots,Price per Lot$
At the end of the fiscal year Vaughn Corporation instructs you to arrive at the net income realized on this operation to date.
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