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On January 1, 2016, Pulte sold a building to its wholly-owned subsidiary, Scott, for $2,614,000. On...

On January 1, 2016, Pulte sold a building to its wholly-owned subsidiary, Scott, for $2,614,000. On that date, Pulte carried the building on its books at an original cost of $840,000 and accumulated depreciation of $257,000. Pulte had estimated 5 years total useful life for the building, and was depreciating it on a straight-line basis with $198,000 estimated salvage value. What net book value for this building should be reported on Pulte's consolidated balance sheet as of 12/31/2016?

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