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Help Save & Exit Sub A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised

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Help Save & Exit Sub A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $60,000, the land at $46,600, and the parking lot at $18,400. Land should be recorded in the accounting records with an allocated cost of Multiple Choice 46,6oo

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