Question: 175G TEST 4 X.175 Saved Help Save & Exit Submit A company purchased property for $100,000. The property included a building, a parking lot, and

175G TEST 4 X.175 Saved Help Save & Exit Submit A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $54,000; the land at $51,400, and the parking lot at $19,600. Land should be recorded in the accounting records with an allocated cost of: Multiple Choice $100,000. $0. $51,400. $41120. $47120 Nex> 12 of 25

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