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Business, 14.04.2020 23:58 andrewisboss59

Land, a building and equipment are acquired for a lump sum of $6,000,000. The market values of the land, building and equipment are $400,000, $800,000 and $300,000, respectively
asked May 14, 2016 in Business by NewYorker
What is the cost assigned to the equipment? (Do not round any intermediary calculations, and round your final answer to the nearest dollar.)

A) $500,000
B) $1,200,000
C) $300,000
D) $2,000,000

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