Use the following information for questions.
La Bianco Company purchased land for a manufacturing facility for €1,100,000.The company paid €70,000 to tear down a building on the land.Salvage was sold for €10,500.Legal fees of €6,500 were paid for title investigation and making the purchase.Architect's fees were €40,500.Title insurance cost €4,500, and liability insurance during construction cost €13,500.Excavation cost €12,000.The contractor was paid €1,357,000.A one -time assessment made by the city for sidewalks was €7,500.La Bianca installed lighting and signage at a cost of €11,000.
-The cost of the land that should be recorded by La Bianca is

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The Answer of Use the following information for questions.
La Bianco Company purchased land for a manufacturing facility for €1,100,000.The company paid €70,000 to tear down a building on the land.Salvage was sold for €10,500.Legal fees of €6,500 were paid for title investigation and making the purchase.Architect's fees were €40,500.Title insurance cost €4,500, and liability insurance during construction cost €13,500.Excavation cost €12,000.The contractor was paid €1,357,000.A one -time assessment made by the city for sidewalks was €7,500.La Bianca installed lighting and signage at a cost of €11,000.
-The cost of the land that should be recorded by La Bianca is

Use the Following Information for Questions