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Ashley, Brook, Chris, and Dana must make a fair division of the estate of their uncle Bob. The estate consists of a farm house, a

Ashley, Brook, Chris, and Dana must make a fair division of the estate of their uncle Bob. The estate consists of a farm house, a car, and a horse. Using the Knaster inheritance procedure, the value each person places on each item is shown below.

Ashley

Brook

Chris

Dana

House

$35,000

$50,000

$48,000

$42,000

Car

$3000

$2500

$2750

$2800

Horse

$6000

$5800

$6250

$5200

What is the fair division arrived at by the Knaster inheritance procedure?

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