Question regarding calamari associates

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Reference no: EM13257104

Calamari Associates bought land for $1,200,000.00 in 1982. In2007, 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

Reference no: EM13257104

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