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What is the capitalized cost of the land for bts inc

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Reference no: EM132999091

Problem 1: BTS Inc purchased a property for P50,000,000. The property included a building, a parking lot, and land. The building was appraised at P40,000,000; the land at P50,000,000, and the parking lot at P10,000,000. What is the capitalized cost of the land?

Reference no: EM132999091

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