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Chique Company purchased a building and land for $520,000 in total. Individually, the land appraised for $171,000 and the building appraised for $399,000. How much
Chique Company purchased a building and land for $520,000 in total. Individually, the land appraised for $171,000 and the building appraised for $399,000. How much of the purchase price should be allocated to the cost of the land? O A. $119,700 O B. $171,000 O C. $520,000 D. $156,000
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