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A building with an appraisal value of $128,588 is made available at an offer price of $157,299. The purchaser acquires the property for $34,977

A building with an appraisal value of $128,588 is made available at an offer price of $157,299. The purchaser acquires the property for $34,977 in cash, a 90-day note payable for $26,600, and a mortgage amounting to $51,401. The cost of the building to be reported on the balance sheet is Oa. $112,978 Ob. $157,299 c. $128,588 Od. $122,322

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