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Best Beauty Salon purchased land and a building for $7,000,000 on 1/1. The estimated fair market values of the land and building are $2,000,000 and
Best Beauty Salon purchased land and a building for $7,000,000 on 1/1. The estimated fair market values of the land and building are $2,000,000 and $8,000,000, respectively. What amount should be recorded in the building account on 1/1? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123
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