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Question 7 10 Your Corporation acquired real estate that contained land, building and equipment. The property cost $1,350,000. An appraisal of the property reported the

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Question 7 10 Your Corporation acquired real estate that contained land, building and equipment. The property cost $1,350,000. An appraisal of the property reported the following values: Land, $185,000; Building, $525,000 and Equipment, $450,000. What value will be recorded for the equipment? $450,000 $523,707 $623,707 $421,707 $511,077

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