varying periodic amounts plus interest. equal periodic amounts including interest. Ovarying periodic amounts including interest. Question 27 (2 points) A company purchased land for $120,000 cash; $7.000 was building on the land before construction of a new building was received for material salvaged from the old building. be recorded at $120,000. $128,500. $125,500. $127,000. Question 28 (2 points) During 2018, Michael Tam Realty Corporation reported: Net sales $30,000,000 Net income 1,500,000 mynense 400,000 $12,000,000 000,000