Question: You have just completed your analysis using the cost approach to valuation. You have determined that the reproduction cost of the subject property is $370,000.

You have just completed your analysis using the cost approach to valuation. You have determined that the reproduction cost of the subject property is $370,000. If the added value of the site was $80,000 and accrued depreciation amounted to $50,000, what was the estimated value of the building using the cost approach? $320,000 $370,000 None of the given an answers O $500,000 O $400,000

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