Sable Co. paid $400,000 for a purchase that included land, a building, and equipment. An...
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Sable Co. paid $400,000 for a purchase that included land, a building, and equipment. An appraiser estimated the market value of the land to be $100,000, the building to be $350,000, and the equipment to be $50,000. Based on this information the cost that would be allocated to each of the assets is?
able Co. paid $400,000 for a purchase that included land, a building, and equipment. An appraiser estimated the market value of the land to be 100,000 , the building to be $350,000, and the equipment to be $50,000. Based on this information the cost that would be allocated to each of the assets is
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