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Business, 31.03.2020 00:15 leeahnnfoster

Riverboat Adventures pays $520,000 plus $18,000 in closing costs to buy out a competitor. The real estate consists of land appraised at $82,500, a building appraised at $214,500, and paddle boats appraised at $253,000. Compute the cost that should be allocated to the building.

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Riverboat Adventures pays $520,000 plus $18,000 in closing costs to buy out a competitor. The real e...

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