Time allowed:
Total Marks: (20) Marks
First Question (6 marks)
The Restor-It is a company specializing in the restoration of old homes. To
showcase its work, the company purchased an old Victorian home in downtown
Pittsburg, Kansas. The original home was purchased for $125,000. A new heating
and air-conditioning system was added for $30,000. The house was completely
rewired and re-plumbed at a cost of $50,000. Custom cabinets were added, and
the floors and trim were refurbished to their original condition, at a cost of $75,000.
The project was such a success, that Restor-It decided to purchase another very
large home, this time in nearby Joplin, Missouri. A realtor offered to purchase the
CLO No.
CLO Mark
Student’s Score
3
10
4
10
Total
20
هيبنت :
