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DEF Incorporated purchased land and a building for $ 6 5 0 , 0 0 0 cash. The land was appraised at $ 4 2

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DEF Incorporated purchased land and a building for $650,000 cash. The land was appraised at $420,000 and the building was
appraised at $280,000. How much will the land be recorded for on DEF's books?
$260,000
$420,000
$650,000
$390,000
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