Carlos Co, purchased building and land for $400,000 total. Individually, the land appraised for $84,000 and the building appraised for $336,000. How much of the purchase price should be allocated to the cost of the land?
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Home » Business » Carlos Co, purchased building and land for $400,000 total. Individually, the land appraised for $84,000 and the building appraised for $336,000. How much of the purchase price should be allocated to the cost of the land?