Cost to be allocated to the building in accounting records

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Reference no: EM131292268

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

Reference no: EM131292268

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