Use the Following Information for Questions

question 78

Multiple Choice

Use the following information for questions.
La Bianco Company purchased land for a manufacturing facility for €1,100,000.The company paid €70,000 to tear down a building on the land.Salvage was sold for €10,500.Legal fees of €6,500 were paid for title investigation and making the purchase.Architect's fees were €40,500.Title insurance cost €4,500, and liability insurance during construction cost €13,500.Excavation cost €12,000.The contractor was paid €1,357,000.A one -time assessment made by the city for sidewalks was €7,500.La Bianca installed lighting and signage at a cost of €11,000.
-La Bianca should record land improvements of

• A)€-0-.
• B)€11,000.
• C)€18,500.
• D)€23,000.

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Definitions:

Sexual Contact

Involves physical interactions of a sexual nature between individuals.

Adult Men

Refers to male individuals who have reached the age of maturity, typically signifying they have passed through puberty and are legally considered adults.

United States

A country located primarily between Canada and Mexico in North America, characterized by a diverse culture and a federal republic governmental structure.

Same Sex Activity

Sexual relations between individuals of the same sex, which can be a part of a person's exploration of their sexuality or expression of their sexual orientation.