Question: Need help with this finance question! Help 27. A parcel of corporate land was recently dedicated as the new plant site. What cost allocation should

Need help with this finance question! Help

27. A parcel of corporate land was recently dedicated as the new plant site. What cost allocation should the land recelve, based on the following: original cost of $320,000, market value of $420,000 net book value of 320,000, a recent offer to purchase for $370,000. O $320,000 O $420,000 O $395,000 O $370,000

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