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10,000 for each of the next ten years beginning one-year from the purchase date. The company's incremental borrowing rate is 10%. The land reported on

10,000 for each of the next ten years beginning one-year from the purchase date. The company's incremental borrowing rate is 10%. The land reported on the balance sheet is closest to: a. $100,000. b. $38,550. c. $71,446. d. $110,000

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