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I have the answer, but I am unsure how to get to that answer. PLEASE SHOW WORK. If a building's reproduction cost is $250,000, its

I have the answer, but I am unsure how to get to that answer. PLEASE SHOW WORK.

If a building's reproduction cost is $250,000, its replacement cost is $300,000, and its economic life is 20 years and an effective age of 4 years, what is the value of the property if the lot is valued at $40,000

a. 250,000

b. 260,000

c. 280,000 CORRECT ANSWER

d. 300,000

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