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Question 20 0.5 pts A building was originally purchased in 1960 for $150,000. The accumulated depreciation on the building is 145,000. In 2020, an
Question 20 0.5 pts A building was originally purchased in 1960 for $150,000. The accumulated depreciation on the building is 145,000. In 2020, an appraiser estimated the value of the building to be $6.8 million dollars. Which of the following is the book value of the building? Cannot be determined without a more recent appraisal O $150,000 purchase price O $6.8 million value from appraiser $5,000 net of purchase price and depreciation
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