Record each asset and any additional assets

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Reference no: EM13777457

Connor purchased a business from Foster for $3,000,000 cash and got the following assets in the deal (FMV as determined by a third party):

Building $1,500,000

Land $250,000

Inventory $100,000

At what amount will she record each asset and any additional assets she received?

Reference no: EM13777457

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