Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,200,000. According to independent appraisals, the fair values were $2,100,000, $3,150,000, $4,200,000, and $1,050,000 for the building, patent, land, and equipment, respectively. The initial value of the patent would be:

Multiple Choice

a) $2,760,000.

b) $3,400,000.

c) $3,150,000.

d) $0.