When a company purchases land with a building on it and immediately tears down the building so that the land can be used for the construction of a plant, the cost incurred to tear down the building should be?

Expensed as incurred

Added to the cost of the plant

Added to the cost of the land

Amortized over the estimated time period between the tearing down of the building   and the completion of the plant

Answer rating: 100% (QA)

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