The co acquired a manufaturing facility on four acres of

Reference no: EM13484774

The co. acquired a manufaturing facility on four acres of land for a lump sum price of $8,000,000. The building included used but funtional equipment. Accourding to independent appraisles the fair values were $4,500,00, $3,000,000 and $2,500,000 for the building land and equipment respectly. The initial values of the building land and equipment would be

Building land equipment

a $4500,000 3,000,000 25000,000

b 4500,000 3,000,000 500,000

c 3600,000 24000,000 2,000,000

d none

Reference no: EM13484774

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