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1 BACK Brief Exercise 10-06 x Your answer is incorrect. Try again. Martinez Inc. purchased land, building, and equipment from Laguna Corporation for a cash
1 BACK Brief Exercise 10-06 x Your answer is incorrect. Try again. Martinez Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building $228,800, and equipment $83,200. 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 O decimal places, e.g. 5,275.) Recorded Amount Land Building Equipment Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO
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