Question: Please help due tomorrow e connect Intermediate Accounting 302: ACCT 3 CCOUNTING Chapter 10 HW Question 10 (of 29) 10.00 points Fullerton Waste Management purchased
e connect Intermediate Accounting 302: ACCT 3 CCOUNTING Chapter 10 HW Question 10 (of 29) 10.00 points Fullerton Waste Management purchased land and a warehouse for $740,000. In addition to the purchase price, Fulerton made the following expenditures related to the acquisition: broker's commission, $44,000; tile insurance, $10,000 miscellaneous closing costs, $13,000. The warehouse was immediately demolished at a cost of $32,000 in anticipation of the building of a new warehouse. Determine the amounts Fullerton should capitalize as the cost of the land and the building Capitalized cost of land Capitalized cost of building
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