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ABC Markets purchased a warehouse complex on 30 acres of land for its grocery delivery hub. The purchase price was $3 million. The purchase of

ABC Markets purchased a warehouse complex on 30 acres of land for its grocery delivery hub. The purchase price was $3 million. The purchase of the land and buildings together is an example of a(n) ____.

Natural resource

Intangible asset

Depreciable asset

Basket purchase

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