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A company purchased property for $264000. The property included an acre of land valued at $40000, a building valued at $157000, and equipment valued at

A company purchased property for $264000. The property included an acre of land valued at $40000, a building valued at $157000, and equipment valued at $123000. The equipment will be recorded at a cost of O $163000. $101475. $123000. $157000

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