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Brief Exercise 10-6 Carla Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $396,900. The estimated fair values of the

Brief Exercise 10-6 Carla Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $396,900. The estimated fair values of the assets are land $75,600, building $277,200, and equipment $100,800. At what amounts should each of the three assets be recorded?

Recorded Amount

Land:

Building:

Equipment:

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