Homework 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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