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Business, 20.06.2020 22:57 janyiareese12

Chico Company paid $660,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture, $190,000; Building, $560,000, and Land, $160,000. Based on this information, what is the cost that should be allocated to the office furniture

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