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Riverboat Adventures pays $500,000 plus $13,000 in closing costs to buy out-a competitor. The real estate consists of land appraised at $78,000, a building appraised

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Riverboat Adventures pays $500,000 plus $13,000 in closing costs to buy out-a competitor. The real estate consists of land appraised at $78,000, a building appraised at $218,400, and paddleboats appraised at $223600. Compute the cost that should be allocated to the building Multiple Choice $210.000. $215,460. $218,400. $309.372 $124,488

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