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A parcel of corporate land was recently dedicated as the new plant site. What cost allocation should the land receive, based on the following: original

A parcel of corporate land was recently dedicated as the new plant site. What cost allocation should the land receive, based on the following: original cost of $270,000, market value of $370,000 net book value of $270,000, a recent offer to purchase for $320,000.

$370,000
$345,000
$320,000
$270,000

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