Question: Answer the following with complete solutions: Problem 1 The Alpha Way Co. commenced operations on January 1 of the current year. During the year, the

Answer the following with complete solutions:

Problem 1 The Alpha Way Co. commenced operations on January 1 of the current year. During the year, the company incurred the following: 1. How much is the total cost of land? 4,235,0004,055,0003,105,0004,405,000 2. Using the information provided in Problem 1, compute for the total cost of building. 6,220,000 7,600,000 7,920,000 7,720,000

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