Question

The portion of a group purchase of land and a building 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.

e. None of the above.

Answer 1

ans. a

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