AppraisedValues PercentageLand $45,000 14.29%Improvements $2

AppraisedValues PercentageLand $45,000 14.29%Improvements $260,000 82.54%Fixtures $10,000 3.17%Total $315,000 100.00%create a depreciationschedule for the (fictional) property purchased with thisloan. When the property was purchased, an appraisal wasperformed. The property included separate components ofland and improvements (the building), and also includedsome fixtures (appliances, such as a refrigerator). You paida slightly higher appraisal fee than usual, and instructedthe appraiser to provide you with the following breakdownof values above.

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