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A building with an appraisal value of $ 1 1 6 , 0 0 0 is made available at an offer price of $ 1
A building with an appraisal value of $ is made available at an offer price of $ The purchaser acquires the property for $ in cash, a day note payable for $ and a mortgage amounting to $ What is the cost of the building to be reported on the balance sheet?
$
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