Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $127,000. The appraised fair market value of the warehouse was $120,750, and the appraised value of the land was $144,750. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)
a. |
What is Bob†|
b. |
What would be Bob†|
c. |
Which appraisal would Bob likely prefer? |
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