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33) A company paid $165,500 for property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at
33) A company paid $165,500 for property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records? A) Land $75,000; Land Improvements, $30,000; Building, $45,000.. B) Land $75,000; Land Improvements, $30,800; Building, $46,200. C) Land $82,750; Land Improvements, $33,100; Building, $49,650. D) Land $80,250; Land Improvements, $32,100; Building, $48,150. E) Land $77,500; Land Improvements; $31,000; Building; $46,500. 17 18 15 20 21 22 23 24 25 26 27 28 29 30
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