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Carmela Company purchased a building and land for $460,000 in total. Individually, the land appraised...

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Carmela Company purchased a building and land for $460,000 in total. Individually, the land appraised for $73,500 and the building appraised for $416,500. How much of the purchase price should be allocated to the cost of the land? OA. $62,475 O B. $73,500 O c. $69,000 O D. $460,000

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