Question: 2 points Ser Question 12 Marwa & Co. purchased a parcel of land six years ago for $596825. At that time, the firm invested $238765

 2 points Ser Question 12 Marwa & Co. purchased a parcel

2 points Ser Question 12 Marwa & Co. purchased a parcel of land six years ago for $596825. At that time, the firm invested $238765 in grading the site so that it would be usable. Since the firm wasn't ready to use the site set at that time, t decided to lease the land for $53,500 a year. The company is now considering building a warehouse on the site as the rental lease is expiring. The current value of the land is $727408 What value should be included in the initial cost of the warehouse project for the use of this land

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