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Cold Stone Bakery purchases land, building, and equipment for a sitigle purchase pice of $520.000....

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Accounting

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Cold Stone Bakery purchases land, building, and equipment for a sitigle purchase pice of $520.000. However, the estimated fair values of the land, building, and equiptnent are $186,000,$372,000, and $62,000, respectively, for a total estimated fali value of $620,000 Required: Determine the amounts Cold Stone should record in the separate accounts for the land, the buliding, and the equipment

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