dgeport Inc. purchased land, building, and equipment from Laguna Corpo


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dgeport 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 asset

Sale price $15.00 Regular price $30.00

dgeport 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? (Round intermediate percentage calculations to 5 decimal places e.g. 18.25124 and final answers to 0 decimal places, e.g. 5,275.)

Recorded AmountLand
$

Building
$

Equipment

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