12. A piece of property with a commercial building is acquired by H A Investments for $790,0

Question

12. A piece of property with a commercial building is acquired by H     A Investments for $790,0

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Haricharan Gupta · Answer

Hello students we are given a question here six years ago a commercial property owner paid $490

12. A piece of property with a commercial building is acquired by H & A Investments for \$790,000. If the land is valued at \$2000 less than one-third the value of the building, how much of the amount paid should be assigned to land?