A company purchased property for $100,000. The property included a building, a parking lot, and land....

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A company purchased property for $100,000. The property included a building, a parking lot, and land....

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $62,000, the land was appraised at $35,000, and the parking lot was appraised at $18,000. How much should the land be recorded in accounting revenue?

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