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a. ABC company acquires three separate apartment complexes (They are similar in sizeumber/design of buildings), some furniture and miscellaneous equipment from company ZZQ. Fair value

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a. ABC company acquires three separate apartment complexes (They are similar in sizeumber/design of buildings), some furniture and miscellaneous equipment from company ZZQ. Fair value of Assets Acquired Apartment complex 1$1,259,000 Apartment complex 2$1,100,000 Apartment complex 3$1,450,000 Furniture $135,000 Other Equipment $65,000 I. How much is the total value of Assets in percentage? (5 Marks) II. Does this acquisition constitute a business combination

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