Question 2 View Policies Current Attempt in Progress Blue Realty Corporation purchased a tract of unimproved land for $143,000. This land was improved and subdivided into building lots at an additional cost of $89,596. These building lots were all of the same size but owing to differences in location were offered for sale at different prices as follows. Group No. of Lots Price per Lot $7,800 10,400 6,240 Operating expenses for the year allocated to this project total $47,320. Lots unsold at the year-end were as follows. Group 1 5 lots Group 2 7 lots Group 3 2 lots At the end of the fiscal year Blue Realty Corporation instructs you to arrive at the net income realized on this operation to date. (Round ratios for computational purposes to 4 decimal places, e.g. 78.7234% and final answer to O decimal places, e.! 5.845) Operating expenses for the year allocated to this project total $47,320. Lots unsold at the year-end were as follows. Group 1 5 lots Group 2 7 lots Group 3 2 lots At the end of the fiscal year Blue Realty Corporation instructs you to arrive at the net income realized on this operation to date. (Round ratio: xor computational purposes to 4 decimal places, e.g. 78.7234% and final answer to O decimal places, e.g. 5,845.) Net income e Textbook and Media Save for Later