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A company purchases a building, land and equipment for $900,000. The FMV of the land is $200,000. The FMV of the building is $700,000. The
A company purchases a building, land and equipment for $900,000. The FMV of the land is $200,000. The FMV of the building is $700,000. The FMV of the equipment is $100,000. What is the acquisition cost of the land?
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