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TB MC Qu. 10-85 (Algo) A company purchased land... A company purchased land, a building, and equipment for one price of $1,550,000. The estimated fair

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TB MC Qu. 10-85 (Algo) A company purchased land... A company purchased land, a building, and equipment for one price of $1,550,000. The estimated fair values of the land, building, and equipment are $193.750, $1,356,250, and $387,500, respectively. At what amount would the company record the land? Multiple Choice $1,550,000 $155.000 O $193750 O $165,000

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