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Calamari Associates bought land for $1200000.00 in 1982 In 2007

Calamari Associates bought land for $1,200,000.00 in 1982. In 2007, the land was appraised at 1,795,000.00. The land would appear on the company's book in 2007 at

(A) $595,000.00

(B) $1,200,000.00

(C) 1,795,000.00

(D) $ 2,995,000.00

Apr 30 2018 View more View Less

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