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! Required information Problem 02-45 (LO 02-1) (Algo) [The following information applies to the questions displayed below.] Wanting to finalize a sale before year-end,

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! Required information Problem 02-45 (LO 02-1) (Algo) [The following information applies to the questions displayed below.] Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $169,000. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 02-45 Part c (Algo) c. Which of the following appraisals would Bob likely prefer? 1. The appraised value of the warehouse was $101,750, and of the land was $172,500. 2. The appraised value of the warehouse was $76,750 and of the land was $169,000. Bob's Preference

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