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MMLU-Pro / 5718 / Pine Co. purchased land for …

Problem

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question

Pine Co. purchased land for 450000asafactorysite.Anexistingbuildingonthesitewasrazedbeforeconstructionbegan.Additionalinformationisasfollows:Costofrazingoldbuilding450000 as a factory site. An existing building on the site was razed before construction began. Additional information is as follows: Cost of razing old building 60000 Title insurance and legal fees to purchase land $30000 Architect's fees $95000 New building construction cost $1850000 What amount should Pine capitalize as the cost of the completed factory building?
Plain-text mathematical notation (without MathML)
Pine Co. purchased land for 450000asafactorysite.Anexistingbuildingonthesitewasrazedbeforeconstructionbegan.Additionalinformationisasfollows:Costofrazingoldbuilding60000 Title insurance and legal fees to purchase land $30000 Architect's fees $95000 New building construction cost $1850000 What amount should Pine capitalize as the cost of the completed factory building?
Original LaTeX notation
Pine Co. purchased land for $450000 as a factory site. An existing building on the site was razed before construction began. Additional information is as follows: Cost of razing old building $60000 Title insurance and legal fees to purchase land $30000 Architect's fees $95000 New building construction cost $1850000 What amount should Pine capitalize as the cost of the completed factory building?

category

other

options

  1. $1,990,000
  2. 1910000
  3. $1,945,000
  4. $1,915,000
  5. $2,005,000
  6. $1,950,000
  7. $1,920,000
  8. $1,975,000
  9. $2,025,000
  10. $1,975,500

src

ori_mmlu-professional_accounting

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