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Bailey Company paid $263,080 for land and a building. An independent appraiser provided these fair value estimates: land $159,300, and building $270,000. The cost that

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Bailey Company paid $263,080 for land and a building. An independent appraiser provided these fair value estimates: land $159,300, and building $270,000. The cost that will be allocated to the building will be $ Do not round until you get to the final

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