Depreciation on buildings owned by the campground is based on a 25-year life. The original cost of the buildings was $600,000. The Accumulated Depreciation: Buildings account has a credit balance of $310,000 at December 31, prior to the adjusting entry process. The straight line method of depreciation is used.   Compute the book value of the campground’s buildings to be reported in the current year’s December 31 balance sheet.

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