christianmason8318 christianmason8318

09-04-2024
Business

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On June 30, 2015, Castille Corp. purchases land for $600,000, which includes a building and a dilapidated shed. Castille plans to use the building as-is for operations but immediately demolishes the shed at a cost of $5,000 minus scrap value of $1,000. What is the total cost of demolishing the shed?

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