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On April 7, TreeScapes purchased for $3,000,000 a tract of land on which a warehouse and office building was located. The following data were collected
On April 7, TreeScapes purchased for $3,000,000 a tract of land on which a warehouse and office building was located. The following data were collected concerning the property Current Market Valuation Vendor's Original Cost Land Warehouse Office building $1,000,000 400,000 800.000 $2,200,000 $560,000 360,000 680.000 $1,600,000 What is the approximate total dollar amount to be allocated to the warehouse? Multiple Choice $545,400 O $675.000 $1363636 $1090.909
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