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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding...

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Accounting

Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $2,755,000. Harding paid $840,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $888,000; Building, $2,640,000 and Equipment, $1,752,000. What value will be recorded for the building?

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