A company purchased property for $105,000. The property included a building, equipment and land. The...
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Accounting
A company purchased property for $105,000. The property included a building, equipment and land. The building was appraised at $64,000, the land at $46,000, and the equipment at $19,000 for a total appraised value of $129,000. What is the amount of cost to be allocated to the building in the accounting records?(Round your intermediate calculations to 3 decimal places.)
a. $0
b.$64,000
c.$105,000
d.$52,080
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