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What should be reported for commercial safe

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Basket purchase allocation Fesco Jewelers LTD. purchased store fixtures, display cases, and a maximum-security commercial safe for a lump-sum price of $18000 from a bankrupt competitor. Appraised values were as follows: store fixtures, $9000, display cases $13500, commercial safe $7500.

What should be reported for commercial safe?

Reference no: EM132367122

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