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How would QuickPick divide a $145,000 ​lump-sum purchase price for​ land, building, and equipment with estimated market values of $56,100​, $78,200​, and $35,700​, ​respectively? ​(Round interim calculations to the nearest tenth of a​ percent, X.X%, and your final answers to the nearest whole​ dollar.)     Estimated     Market Cost of   Value Each Asset Land. . . . . . . . . . . . $56,100   Building. . . . . . . . . . $78,200   Equipment. . . . . . . . $35,700   Total $170,000

How would QuickPick divide a $145,000 ​lump-sum purchase price for​ land, building, and equipment with estimated market values of $56,100​, $78,200​, and $35,700​, ​respectively? ​(Round interim calculations to the nearest tenth of a​ percent, X.X%, and your final answers to the nearest whole​ dollar.)     Estimated     Market Cost of   Value Each Asset Land. . . . . . . . . . . . $56,100   Building. . . . . . . . . . $78,200   Equipment. . . . . . . . $35,700   Total $170,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How would
QuickPick
divide a
$145,000
​lump-sum purchase price for​ land, building, and equipment with estimated market values of
$56,100​,
$78,200​,
and
$35,700​,
​respectively? ​(Round interim calculations to the nearest tenth of a​ percent, X.X%, and your final answers to the nearest whole​ dollar.)
 
 
Estimated
 
 
Market
Cost of
 
Value
Each Asset
Land. . . . . . . . . . . .
$56,100
 
Building. . . . . . . . . .
$78,200
 
Equipment. . . . . . . .
$35,700
 
Total
$170,000
 
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