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TB MC Qu. 08-164 (Algo) Riverboat Adventures pays... Riverboat Adventures pays $460,000 plus $9,000 in closing costs to purchase real estate. The real estate consists

TB MC Qu. 08-164 (Algo) Riverboat Adventures pays... Riverboat Adventures pays $460,000 plus $9,000 in closing costs to purchase real estate. The real estate consists of land appraised at $81,600, a building appraised at $172,800, and land improvements appraised at $225,600. Compute the cost that should be allocated to the buliding. Muliple Choice $168,840. $165,600 $172,800. $250,056

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