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2502 TB MC Qu. 08-164 (Algo) Riverboat Adventures pays... Riverboat Adventures pays $330,000 plus $11,000 in closing costs to purchase real estate. The real
2502 TB MC Qu. 08-164 (Algo) Riverboat Adventures pays... Riverboat Adventures pays $330,000 plus $11,000 in closing costs to purchase real estate. The real estate consists of land appraised at $49,000, a building oppraised at $115,500, and land improvements oppraised ot $185,500 Compute the cost that should be allocated to the building
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