Darrin Brown bought a pub. The purchase price was $695,000 . An appraiser provided the following appraisal values: land $320,000: building $370,000 and equipment $60,000 . What cost should be allocated to the building?
a. $370,000
b. $695,000
c. $342,867
d. $399,281
c
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)