Acme, Inc. bought land and a factory building for $80,000. The land was appraised at $25,000 and the building at $75,000. Using the basket purchase allocation, Acme would record the Click the answer you think is right. land at $20,000 and the building at $60,000 land at $25,000 and the building at $55,000 land at $5,000 and the building at $75,000 land and building at $80,000 land at $25,000 and the building at $75,000 land and building at $100,000 Read about the Do you know the answer? I kno Think so nar No Idea 25 items left o BE