At the beginning of the current year, jessa Company purchased for 5,400,000 including appraiser fee of 50,000, a warehouse building and the land on which it is located. the land has a current appraised value of 2,000,000 and the building 3,000,000. the original cost is 1,400,000 for the land and 2,800,000 for the building. what is the initial measurement of the building?

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To determine the initial measurement of the building we need to separate the cost of the land and th... View the full answer