The Portion of a Group Purchase of Land and a Build-Up

question 5

Multiple Choice

The portion of a group purchase of land and a build-up for $651,000 allocated to land when the land is appraised at $170,000 and the building on the land is appraised at $510,000, is

• A) $498,250.
• B) $162,750.
• C) $172,750.
• D) $488,250.

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