Question: Question 45 points Santa On January 6, 2016, the UAE Enterprises purchased a tract of land for a factory site for $1.500,000. An existing building
Question 45 points Santa On January 6, 2016, the UAE Enterprises purchased a tract of land for a factory site for $1.500,000. An existing building on the site was demolished and the new factory was completed on October 11.2016. Additional cost data are shown below. Construction cost or new building 51.760.000 Real estate and attorney fees 15.400 Architect fees 133.000 Cost to demolish old building 133200 Savate recovery from old building (11.000 Which of the forowing correctly states the capitalized cost of the land and to the new building? 51.63710/51.000.000 51.515.400/52.020 200 51.545.600/31.057.000 31.500.000/52.035.600
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