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A company purchased property for $135,000. The property included a building, a parking lot, and land. The building was appraised at $68,000; the land at

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A company purchased property for $135,000. The property included a building, a parking lot, and land. The building was appraised at $68,000; the land at $42,000, and the parking lot at $17,000. The value of the land to be recorded in the accounting records is (rounded)

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