Whyte clinic purchases land for $280,000 cash. the clinic assumes $3,000 in property taxes due on the land. the title and attorney fees totaled $2,000. the clinic had the land graded for $4,400. what amount does whyte clinic record as the cost for the land? a. $284,400.b. $280,000.c. $289,400.d. $285,000.

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.