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help please! A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $56,500; the
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A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $56,500; the land at $49,400, and the parking lot at $19,100. Land should be recorded in the accounting records with an allocated cost of: O $49,400. O $45,520. O $39,520. O $100,000. O $0 Step by Step Solution
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