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Business, 01.12.2021 03:20 nyceastcoast

Riverboat Adventures pays $250,000 plus $10,000 in closing costs to purchase real estate. The real estate consists of land appraised at $54,000, a building appraised at $110,700, and land improvements appraised at $105,300. Compute the cost that should be allocated to the building.

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Riverboat Adventures pays $250,000 plus $10,000 in closing costs to purchase real estate. The real e...
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