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Suppose you buy land for 2 900 000 and spend 1 300 000 to develop the property You then divide the land into lots as
Suppose you buy land for 2 900 000 and spend 1 300 000 to develop the property You then divide the land into lots as follows Category Sale Price per Lot 15 Hilltop lots 15 Valley lots How much did each Hilltop lot cost you OA 168 000 OB 550 000 OC 112 000 O D 43 333 550 000 825 000
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