On december 1, 20x5, east co. purchased a tract of land as a factory site for $300,000. the old building on the property was razed and salvaged materials resulting from demolition were sold. additional costs incurred and salvage proceeds realized during december 20x5 were as follows:
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On december 1, 20x5, east co. purchased a tract of land as a factory site for $300,000. the old buil...
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