[The Following Information Applies to the Questions Displayed Below

question 71

Multiple Choice

[The following information applies to the questions displayed below.]
Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,900,000. Harding paid $350,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.
-What value will be reported for the building on the balance sheet?

• A) $175,000
• B) $950,000
• C) $800,000
• D) $1,100,000

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Definitions:

Overextensions

A language development phenomenon where children apply a word in a broader context than is appropriate, showing their understanding of language categories.

Prelinguistic Vocalization

Sounds made by infants before they acquire spoken language, such as cooing or babbling, which are foundational to language development.

Surface Structure

The superficial grammatical construction of a sentence.

Deep Structure

The underlying meaning of a sentence.