A land site for a new office building is purchased for $180,000. A barn on the site will be razed at a net cost of $17,000. The $17,000 razing expenditure is properly attributed to

Name: A land site for a new office building is purchased for $180,000. A barn on the site will be razed at a net cost of $17,000. The $17,000 razing expenditure is properly attributed to
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The $17,000 razing expenditure is properly attributed to the land because it is a cost necessary to prepare the land for its intended use.

A Land Site for a New Office Building Is Purchased