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question #3 A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $57,500; the

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A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $57,500; the land at $48,600, and the parking lot at $18,900. Land should be recorded in the accounting records with an allocated cost of Multiple Choice S38,880. $44, 880. $100,000. 50. $. $48,600

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