The Portion of a Group Purchase of Land and Building

question 201

Multiple Choice

The portion of a group purchase of land and building for $1,302,000 allocated to land,when the land is appraised at $340,000 and the building on the land is appraised at $1,020,000,is

• A)$996,500.
• B)$325,500.
• C)$345,500.
• D)$976,500.

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