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Laramie corporation has acquired a property that included both land and a building for $520,000. The corporation hired an appraiser who has determined that the
Laramie corporation has acquired a property that included both land and a building for $520,000. The corporation hired an appraiser who has determined that the market value of the land is $320,000 and that of the building is $420,000. At what amount should the corporation record the cost of the building?
A. $296,400
B. $364,000
C. $260,000
D. $239,400
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Handbook Of Energy Audits
Authors: Albert Thumann, Terry Niehus, William J. Younger
9th Edition
1466561629, 978-1466561625
