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Thinking about Land Costs

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Which cost would be part of the cost of land?

a) Putting up fencing around a building
b) Removing an old building from the land
c) Installing lights in a parking lot
d) Installing a sprinkler system

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This solution provides the correct answer with explanation to the land costs question provided.

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Removing an old building from the land.

Costs included with land include the costs incurred to prepare the land. ...

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