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A company rents a building with a total of 280,000 square feet, which are evenly divided between two floors. The space on the first floor
A company rents a building with a total of 280,000 square feet, which are evenly divided between two floors. The space on the first floor is considered twice as valuable as that on the second floor. The total monthly rent for the building is $21,000. How much of the monthly rental expense should be allocated to a department that occupies 14,000 square feet on the first floor? (Do not round your intermediate calculations.)
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