Mathematics, 15.04.2021 05:40 hallkanay7398
Emily purchased a building to store inventory for her business. The purchase price was $955,000. Emily also paid legal fees of $765 to acquire the building. In March, Emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $5,200 to make the interior suitable for her finished goods. What is Emily’s cost basis in the new building?
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Emily purchased a building to store inventory for her business. The purchase price was $955,000. Emi...
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