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A company purchased property for $350000. The property included an acre of land valued at $50000, a building valued at $150000, and equipment valued at
A company purchased property for $350000. The property included an acre of land valued at $50000, a building valued at $150000, and equipment valued at $120000. The equipment will be recorded at a cost of (Round intermediate calculations to 4 decimal places and final answer to 0 decimal place.)
$120000.
$170000.
$150000.
$131250
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