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Coronado Realty Corporation purchased a tract of unimprved land for 88000. THis land was improved...

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Accounting

Coronado Realty Corporation purchased a tract of unimprved land for 88000. THis land was improved and subdivided into building lots at an additional cost of 55136. These building lots were all of the same size but owing to differences in location were offered for sale at different pricse as follows.

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