Business, 25.04.2020 01:07 Mathcat444
January 2010, Giant Green Company pays $3,000,000 for a tract of land with two buildings on it, it plans to demolish Building 1 and build a new store in its place. Building 2 will be in the company office: it is appraised at $742,000, with a useful life of 25 years and a $75,000 salvage value.
A lighted parking lot near Building 1 has improvements (Land improvement 1) valued at $400,500 that are expected to last another 18 years with no salvage value. Without the buildings and improvements, the tract of land is valued at $2,020,600 Giant Green also incurs the following additional costs:
Cost to demolish Building 1 $400,200
Cost of additional land grading 200,000
Cost to construct a new building (Building 3), having a useful life of 25 years and a $322,000 salvage value 3,851,000
Cost of new land improvements (Land Improvements 2) near Building 2 having a 20-year useful life and no salvage value 122,000
What is the amount that should be recorded for Building 2
A. $667,000
B. $703,800
C. $600,200
D. $742,000
E. $487,921
Answers: 1
Business, 22.06.2019 02:20
Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a
Answers: 2
Business, 22.06.2019 14:00
How many months does the federal budget usually take to prepare
Answers: 1
Business, 22.06.2019 17:30
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?
Answers: 2
Business, 22.06.2019 19:20
This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.
Answers: 2
January 2010, Giant Green Company pays $3,000,000 for a tract of land with two buildings on it, it p...
Mathematics, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
English, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
Chemistry, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40
Mathematics, 15.12.2020 01:40