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Business, 11.05.2021 15:40 arnold2619

Riverboat Adventures pays $170,000 plus $14,000 in closing costs to buy out a competitor. The real estate consists of land appraised at $22,000, a building appraised at $79,200, and paddleboats appraised at $118,800. Compute the cost that should be allocated to the building. Multiple Choice $66,240. $61,200. $79,200.

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Riverboat Adventures pays $170,000 plus $14,000 in closing costs to buy out a competitor. The real e...

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