Solution-What are the appropriate amounts that Datch should

What are the appropriate amounts that Datch should record

Reference no: EM132835152

Question - Datch Inc. purchased a tract of land for $765,000, which included a warehouse and office building. The following data were collected concerning the property:

	Current Assessed Valuation	Vendor's Original Cost
Land	$300,000	$250,000
Warehouse	200,000	150,000
Office building	400,000	300,000
	$900,000	$700,000

What are the appropriate amounts that Datch should record for the land, warehouse, and office building, respectively?

A. land, $255,000; warehouse, $170,000; office building, $340,000.

B. land, $250,000; warehouse, $150,000; office building, $300,000.

C. land, $273,214; warehouse, $163,929; office building, $327,857.

D. land, $300,000; warehouse, $200,000; office building, $400,000.

Reference no: EM132835152

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What are the appropriate amounts that Datch should record

Reference no: EM132835152

Reference no: EM132835152

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