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Question 1 3.5 pts Renfro Corporation purchased for $765,000 a tract of land on which was located a warehouse and an office building. The f
Question 1 3.5 pts Renfro Corporation purchased for $765,000 a tract of land on which was located a warehouse and an office building. The f ollowing information is available concerning the property that was purchase Value Land $300,000 200,000 400,000 Office building what are the appropriate amounts that Ren fro should record in its balance sheet as the cost of the land, warehouse, and o ffice building, respectively? land $255,000; warehouse $155,000; office building $355,000 land $300,000; warehouse $200,000; office building $400,000 land $273,214: warehouse $163,929 office building $327,857 land $255,000; warehouse $170,000; office building $340,000 land $345,000; warehouse $230,000; office building $460,000
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