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Durango, Inc. purchased a parcel of land for $450,000. It paid attorney fees of $3,000 to verify title to the land. In addition, it paid a broker's fee of $7,500 to help find a suitable parcel of land. This parcel of land should be recorded in the accounting records for:.
A. $453,000.
B. $450,000.
C. $457,500.
D. $460,500.
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Durango, Inc. purchased a parcel of land for $450,000. It paid attorney fees of $3,000 to verify tit...
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