1 answer

Land, a building and equipment are oured for a lump sum of $900,000. The market values of the land building

Question:

Land, a building and equipment are oured for a lump sum of $900,000. The market values of the land building and equipment are
Land, a building and equipment are oured for a lump sum of $900,000. The market values of the land building and equipment are $400.000 5700.000 and $200.000, respectively. What is the c any intermediary calculations, and round your final a wer to the nearest dollar) a red to the Do not round OA 5000.000 OB. 50 OC 5138,462 OD. $200,000

Answers

Answer C. $ 138,462

Explanation:

Market value
Land 400000
Building 700000
Equipment 200000
Total 1300000
Lumsum value 900000
Cost assigned to equipment 138462
(200,000/1,300,000*900,000)
.

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