Blakemore, Inc. purchases and places in service a commercial real estate property in February, 2021 at...

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Blakemore, Inc. purchases and places in service a commercial real estate property in February, 2021 at a cost of $50 Million of which $8.0 Million is for land and the balance is for the building. Blakemore sells the entire property in Nghrember 2026. What is the book value of the property at the time of sale? Use the appropriate real estate depreciation schedule. Submit your answer in the space provided rounded up to the next whole number with no $ sign and no commas. (i.e. enter "22350000" for $22,350,000.00 ) Note: percentages used in intermediate calculations should be carried out to six decimal places (i.e use .123456 for 12.3456%). show work in file submitted with last question. Blakemore, Inc. purchases and places in service a commercial real estate property in February, 2021 at a cost of $50 Million of which $8.0 Million is for land and the balance is for the building. Blakemore sells the entire property in Nghrember 2026. What is the book value of the property at the time of sale? Use the appropriate real estate depreciation schedule. Submit your answer in the space provided rounded up to the next whole number with no $ sign and no commas. (i.e. enter "22350000" for $22,350,000.00 ) Note: percentages used in intermediate calculations should be carried out to six decimal places (i.e use .123456 for 12.3456%). show work in file submitted with last question.

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SOLY civen data Pagel commercial Real Estate Proferty FEB 2021 Purchase frice 5... View the full answer