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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,235,000. Harding paid $280,000 and issued a note payable for

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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,235,000. Harding paid $280,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $296,000; Building, $880,000 and Equipment. $584,000. (Round percentages to two decimal places: ie .054 = 5%). ot 2 What value will be recorded for the building? 126:35 Multiple Choice $355.000 $617,500 $880,000 $140000 here to search

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