Suppose you have 3 sales you can use for comparable sales. Sale 1 and Sale 2 are puritan in relation to land class. Use the puritan sales to determine the price per acre by land class for the third sale using the land class ratio analysis and land adjustment process. Sale 1 has 475 acres of Class 1V land and sold for $300300. Sale 2 has 600 acres of Class | land and sold for $550,000. Sale 3 has 350 acres of Class | land and 100 acres of Class IV land and sold for $400,000. Step 1 Calculation of sale price per acre 1) sale 1 C1ass [Vland $sooooo Seliing price per acre $631.58 per acre Step 2 Calculaon of sale price per acre 2) sale 2 Class I land Step 3 Calculaon of sale price per acre 3) sale 3 Class IV land Sales paceuoomsu 1: 400000) 333333.33 Seliing price per acre $338.39 per acre Step 4 Calculaon of sale price per acre 3) sale 3 Class 1 [and