Cost of Land, Improvements and New Building
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PURCHASE OF LAND 800,000
LAND SURVEY 4,000
LAND TITLE FEE SEARCH 2,000
PERMITS FOR BUILDING 2,500
TEMPORARY HOUSING FOR CONSTRUCTION WORKERS 12,000
DEMOLITION OF EXISTING BUILDING 8,000
EXCAVATING THE LAND 27,000
BUY-OUT OF CURRENT TENANT IN THE BUILDING 10,000
SPECIAL ASSESSMENT FOR SEWER PROJECT 75,000
DAMAGES PAID FOR INJURIES DURING CONSTRUCTION 10,000,000
CONSTRUCTION COSTS 23,000,000
PAVING COSTS FOR PARKING LOT 52,000
COST OF LANDSCAPING 75,000
DETERMINE THE COSTS OF THE LAND, THE LAND IMPROVEMENTS & THE NEW BUILDING. PLEASE LIST THE ITEMS INCLUDED IN EACH CALCULATION.
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Solution Summary
This provides the steps to compute the COSTS OF THE LAND, THE LAND IMPROVEMENTS & THE NEW BUILDING
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PURCHASE OF LAND 800,000
LAND SURVEY 4,000
LAND TITLE FEE SEARCH 2,000
PERMITS FOR BUILDING 2,500
TEMPORARY HOUSING FOR CONSTRUCTION WORKERS ...
Purchase this Solution
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