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Angel Bookstore owns a 3-storey building that was bought in 2004 for $450 000. Three real estate appraisers have inspected the property this year and

Angel Bookstore owns a 3-storey building that was bought in 2004 for $450 000. Three real estate appraisers have inspected the property this year and have valued it at $860 000, $850 000 and $870 000 respectively. Which value should the owner choose to record in his books?

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