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Markel Inc. has acquired a parcel of land and a building for a total cost of $850.000 paid it w An independent appraisal supports the

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Markel Inc. has acquired a parcel of land and a building for a total cost of $850.000 paid it w An independent appraisal supports the fair value of land and building at $180,000 o 720,000 respectively What is the acquisition cost of building that Market loc, should record? $690.000 $680,000 $700,000 $710,000

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