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On Jan 5, 2021 Louie purchased a property for $100,000. The property consisted of land, a building on the land, and some equipment that was
On Jan 5, 2021 Louie purchased a property for $100,000. The property consisted of land, a building on the land, and some equipment that was in the building. Louie estimated that the land was worth $50,000, the building was worth $45,000, and the equipment was worth $10,000. How much cost would be assigned to the land (to the nearest $1)?
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