In recording the purchase henner corporation recorded


HennerCorporation made a lump sum purchase of three pieces of machineryfor $140,000. The fair market values of the machines on the purchase date were:

Machine A............ $58,608
Machine B............ ?
Machine C............ 37,444
Total................ ?

In recording the purchase, Henner Corporation recorded Machine A at acost of $50,400. Calculate the cost assigned to Machine B. Do not use decimals in your answer.

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Accounting Basics: In recording the purchase henner corporation recorded
Reference No:- TGS0597940

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