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Previous Page Next Page Page 22 of 23 Question 22 (2 points) A company purchases real estate that includes land with a fair value of

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Previous Page Next Page Page 22 of 23 Question 22 (2 points) A company purchases real estate that includes land with a fair value of $240,000, a building with a fair value of $310,000, and equipment with a fair value of $160,000. If the purchase price of the real estate is $590,000, what amount should be debited to the land account? $199,436 $240,000 $590,000 $81,127

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