Finley Company is looking for a new office location and sees a building with a...
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Accounting
Finley Company is looking for a new office location and sees a building with a fair value of $ Finley also notices that much of the equipment in the existing building would be useful to its own operations. Finley estimates the fair value of the equipment to be $ Finley offers to buy both the building and the equipment for $ and the offer is accepted.
Determine the amounts Finley should record in the separate accounts for building and equipment. Do not round intermediate calculations.
tableBuildingEquipmentTotal$
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