FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:12) The data in the table are for the subject and three comparable properties.
What is the adjustment to sale 1 for a corner lot?
Sale
price
Size
Price per sf
Date
Location
Subject
19,000 sf
Current
Interior
A) $0.39 per sf
B) $0.54 per sf
C) ($0.54) per sf
D) ($0.39) per sf
Sale 1
$57,380
19,000 sf
$3.02
1 year ago
Corner
Sale 2
$52,600
20,000 sf
$2.63
Current
Interior
Sale 3
$48,750
19,500 sf
$2.50
1 year ago
Interior
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