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Geo Co . purchased a building for $ 4 0 0 , 0 0 0 . In addition, Geo paid $ 3 5 , 0

Geo Co. purchased a building for $400,000. In addition, Geo paid $35,000 for taxes and lawyer fees. Geo also paid $60,000 to modify the building, changing the layout specifically for Geo's needs. Geo should record the building at
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