After purchasing tinas business simon decides to add on to


Question - After purchasing Tina's business Simon decides to add on to the building. His costs are as follows:

Materials                                $1,000

Direct Labor                            500

Direct Supervision                   500

Indirect Costs                         500

                                             $2,500

What is Simon's basis in the building after the addition?

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Accounting Basics: After purchasing tinas business simon decides to add on to
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