QUESTION 9 Entity B purchased an old shopping center to acquire the land on which it sits. Entity B paid $3,000,000. The seller valued the land at $2,000,000, and the old shopping center at $1,000.000. Entity B promptly tore down the shopping center at a cost of $500,000. What was the cost of the land to Entity B? $3,000,000 $2,000,000 $3,500,000 $2,500,000

URGENT