Property Valuation
A Nebraska farm sold for $3,200 per acre. The farm contains one section. The total sale price was:
A$1,920,000
B$2,048,000✓ Correct
C$3,200,000
D$2,500,000
Explanation
One section = 640 acres. Sale price = 640 acres × $3,200/acre = $2,048,000.
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