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Concord Corporation purchased a tract of unimproved land for $ 6 4 7 , 0 0 0 . This land was improved and subdivided into
Concord Corporation purchased a tract of unimproved land for $ This land was improved and subdivided into bullaing lots at an additional cost of $ These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows:
tableGroupNo of Lots,Price per Lot$
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