Perry acquired raw land as an investment 16 years ago. The land cost $50,000. In the current
Question:
a. $5,833
b .$7,000
c. $4,166
d. $9,000
e. None of these choices are correct.
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Related Book For
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
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