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thank you, been stuck on this one. You manage a real estate investment company. One year ago, the company purchased 10 parcels of land distributed

thank you, been stuck on this one. image text in transcribed
You manage a real estate investment company. One year ago, the company purchased 10 parcels of land distributed throughout the community for $12.6 million each. A recent appraisal of the properties indicates that five of the parcels are now worth $10.0 million each, while the other five are worth $18.0 million each. Ignoring any income received from the properties and any taxes paid over the year, calculate the investment company's accounting eamings and its economic earnings in each of the following cases: a. The company sells all of the properties at their appraised values today. b. The compary sells none of the properties. c. The company sells the propertles that have fallen in value and keeps the others. d. The company sells the properties that have risen in value and keeps the others. Note: Negative amounts should be indicated by parentheses. Enter your answers in millions

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