Question
1 pts A company paid $165,500 for a property. The property included land appraised at $87,500; land improvements appraised at $35,000; and a building appraised
1 pts A company paid $165,500 for a property. The property included land appraised at $87,500; land improvements appraised at $35,000; and a building appraised at $52,500. How will the $165,500 cost of the property be allocated in the accounting records? Land $77,500; Land Improvements $31,000; Building $46,500 Land $87,500; Land Improvements $35,000; Building $52,500 Land $75,000: Land Improvements $30,000; Building $45,000 Land $80,250; Land Improvements $32,100; Building $48,150 Land $82,750; Land Improvements $33,100; Building $49,650 stion 4 Inc. bought a machine for $135,000 on January 3, 2019. The machine has a useful life of 5 years w value of $15,000. Prepare the Schedule of Depreciation using the straight-line method. T USE DOLLAR SIGNS, COMMAS OR DECIMALS IN YOUR
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