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1. Moen owns two tracts of land. The first, which cost $18,000, is being held as a future building site. It has a current market
1. Moen owns two tracts of land. The first, which cost $18,000, is being held as a future building site. It has a current market value of $20,000. The second, which cost $19,000, was purchased 10 years ago. The current office and factory buildings are on this site. The land has a current market value of $56,000
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