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Business, 14.01.2021 16:50 Cheyenne7327

Sage Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $384,300. The estimated fair values of the assets are land $73,200, building $268,400, and equipment $97,600. At what amounts should each of the three assets be recorded

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Sage Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $384...
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