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Wen Co. purchased a building for $200,000. Wen paid $20,000 in lawyer and title fees. Wen also paid an additional $15,000 to modify the building in order to accommodate his business needs. Wen should record the cost of the building at: Multiple choice question. $235,000 $215,000 $220,000 $200,000 g

Respuesta :

Answer:

Cost of the building = $235000

Explanation:

Given  below are the following informations:

Purchased building = $200000

Title fees = $20000

Building modification = $15000

Cost of the building = Purchase price + title fees + modification expense

Cost of the building = 200000 + 20000 + 15000

Cost of the building = $235000

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