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Cantor Corporation acquired a manufacturing facility on four…
Cantor Corporation acquired a manufacturing facility on four acres of land for a lump-sum price of $8,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be: Building Land Equipment a. $ 4,500,000 $ 3,000,000 $ 2,500,000 b. $ 4,500,000 $ 3,000,000 $ 500,000 c. $ 3,600,000 $ 2,400,000 $ 2,000,000 d. None of these answer choices are correct.
Cantor Corporation acquired a manufacturing facility on four…
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Cаntоr Cоrpоrаtion аcquired a manufacturing facility on four acres of land for a lump-sum price of $8,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be: Building Land Equipment a. $ 4,500,000 $ 3,000,000 $ 2,500,000 b. $ 4,500,000 $ 3,000,000 $ 500,000 c. $ 3,600,000 $ 2,400,000 $ 2,000,000 d. None of these answer choices are correct.
Cаntоr Cоrpоrаtion аcquired a manufacturing facility on four acres of land for a lump-sum price of $8,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be: Building Land Equipment a. $ 4,500,000 $ 3,000,000 $ 2,500,000 b. $ 4,500,000 $ 3,000,000 $ 500,000 c. $ 3,600,000 $ 2,400,000 $ 2,000,000 d. None of these answer choices are correct.
Cаntоr Cоrpоrаtion аcquired a manufacturing facility on four acres of land for a lump-sum price of $8,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be: Building Land Equipment a. $ 4,500,000 $ 3,000,000 $ 2,500,000 b. $ 4,500,000 $ 3,000,000 $ 500,000 c. $ 3,600,000 $ 2,400,000 $ 2,000,000 d. None of these answer choices are correct.
Cаntоr Cоrpоrаtion аcquired a manufacturing facility on four acres of land for a lump-sum price of $8,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be: Building Land Equipment a. $ 4,500,000 $ 3,000,000 $ 2,500,000 b. $ 4,500,000 $ 3,000,000 $ 500,000 c. $ 3,600,000 $ 2,400,000 $ 2,000,000 d. None of these answer choices are correct.
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