On February 12,Oceans Company purchased a tract of land as a factory site for $190,000.An existing building on the property was razed and construction was begun on a new factory building in March of the same year.Additional data are available as follows: The recorded cost of the completed factory building should be

Question

On February 12,Oceans Company purchased a tract of land as a factory site for $190,000.An existing building on the property was razed and construction was begun on a new factory building in March of the same year.Additional data are available as follows:  The recorded cost of the completed factory building should be

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The Answer of On February 12,Oceans Company purchased a tract of land as a factory site for $190,000.An existing building on the property was razed and construction was begun on a new factory building in March of the same year.Additional data are available as follows:  The recorded cost of the completed factory building should be

On February 12,Oceans Company Purchased a Tract of Land as a Factory