= Homework: Week Three Question 1, BE11-2 (simil... HW Score: 0%, 0 of 22 points Score: 0 of 1 @ Save Merrick, Inc. acquired land for $450,000. The closing costs amounted to $13,000 and the firm paid $7,100 for the current period's property taxes at the end of the year. Merrick plans to build a new storage facility on the land costing $2,364,000. To prepare for construction on the new facility, Merrick removed an old storage building at a cost of $26,500 and acquired building permits for $2,400. What is the acquisition cost of the land? CFR The acquisition cost of the land is S Enter any number in the edit fields and then click Check Answer. Help Me Solve This e Text Pages Get More Help Clear All Check Answer 1 Type here to search o i ' * g . 80F Partly cloudy O 10:05 PM 8/23/2021