! Required information [The following information applies to the questions displayed below.] Shahia Company bought a bui

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Required Information The Following Information Applies To The Questions Displayed Below Shahia Company Bought A Bui 1 (107.64 KiB) Viewed 10 times

! Required information [The following information applies to the questions displayed below.] Shahia Company bought a building for $382,000 cash and the land on which it was located for $107,000 cash. The company paid transfer costs of $9,000 ($3,000 for the building and $6,000 for the land). Renovation costs on the building before it could be used were $21,000. 3. Determine the net book value of the property (land and building) at the end of year 2. Note: Amounts to be deducted should be indicated by a minus sign. Net book value of property at end of Year 2 Land Building Accumulated depreciation Net book value $ 0 Check my