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Business, 10.03.2020 05:10 chloe081

You purchase a building for $2,500,000, pay legal fees of $100,000, and pay back taxes of $50,000. You immediately occupy the building and pay $500,000 for renovations. The amount you can capitalize as part of the building is: Group of answer choices $2,600,000 $3,150,000 $2,500,000 $2,650,000

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You purchase a building for $2,500,000, pay legal fees of $100,000, and pay back taxes of $50,000. Y...
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