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A company paid $150.000, plus a 7% commission and $5,000 in closing costs for a property. The property included land appraised at $87.500, land improvements

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A company paid $150.000, plus a 7% commission and $5,000 in closing costs for a 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? Multiple Choice Land $75,000, Land Improvements, $30,000: Building, 545,000 Land $75,000, Land improvements, $30,800, Building, $46,200 Land $82.750 Land improvements. $33100, Building $49.650 Land $80.250, Land improvements, $32.100, Building, $48150 Land $77.500 Land improvements $31000, Building, $46,500

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