What would the initial values of building land and furniture, Financial Accounting

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What would the initial values of building land and furniture

Problem

Mona and Lisa Corporation acquired an office building on three acres of land for a lump-sum price of $2,400,000. The building was completely furnished. According to independent appraisers, the fair values were $1,300,000, $780,000 and $520,000 for the building, land and furniture and fixtures, respectively. What would the initial values of the building, land and furniture and fixtures be?

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Financial Accounting: What would the initial values of building land and furniture

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