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Chavela Company purchased a building and land for $600,000 in total. Individually, the land appraised for $252,000 and the building appraised for $378,000. How much

Chavela Company purchased a building and land for $600,000 in total. Individually, the land appraised for $252,000 and the building appraised for $378,000. How much of the purchase price should be allocated to the cost of the land?

A. $600,000
B. $252,000
C. $151,200
D. $240,000

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