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#20. Acme purchased a property that included both land and building for $200,00. Acme hired an appraiser who determined that the market value of the
#20. Acme purchased a property that included both land and building for $200,00. Acme hired an appraiser who determined that the market value of the land ws $140,000 and the market value of the building was $50,00. At what amount should Acme record the land cost? A. $140,000 B. 200,000 C. 147,368 D. 52,632
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