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Company acquired an office building on three acres of land for a lump-sum price of $1,890,000. The building was completely equipped. According to independent appraisals,
Company acquired an office building on three acres of land for a lump-sum price of $1,890,000. The building was completely equipped. According to independent appraisals, the fair values were $752,500, $367,500, and $630,000 for the building, land, and equipment, respectively. At what amount would the PepsiCo record the building, land, and equipment?
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