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Fish Farm Corporation Purchases a New Tract of Land on Which

Question 1

Multiple Choice
Fish Farm Corporation purchases a new tract of land on which it is going to build new growing and holding tanks in order to expand its business.Which of the following costs would not be part of the cost of the land?

Fish Farm Corporation purchases a new tract of land on which it is going to build new growing and holding tanks in order to expand its business.Which of the following costs would not be part of the cost of the land?


A) costs to run a title search
B) costs of grading to level the land
C) costs of tearing down an existing structure
D) cost of the new holding tanks

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