On February 1, 2010, Reardon Corporation purchased a parcel of land as a factory site for $320,000. An old building on the property was demolished and construction begun on a new warehouse that was completed April 15, 2011. Costs incurred on the construction project are listed below.

Determine the cost of the land and new building.

Question

On February 1, 2010, Reardon Corporation purchased a parcel of land as a factory site for $320,000. An old building on the property was demolished and construction begun on a new warehouse that was completed April 15, 2011. Costs incurred on the construction project are listed below.
  
Determine the cost of the land and new building.

Quizplus · Accepted Answer

The Answer of On February 1, 2010, Reardon Corporation purchased a parcel of land as a factory site for $320,000. An old building on the property was demolished and construction begun on a new warehouse that was completed April 15, 2011. Costs incurred on the construction project are listed below.
  
Determine the cost of the land and new building.

On February 1, 2010, Reardon Corporation Purchased a Parcel of Land