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Comptel Corporation purchased land, a building and equipment for a total cost of $525,000. The appraised values of the land, building and equipment were $150,000,
Comptel Corporation purchased land, a building and equipment for a total cost of $525,000. The appraised values of the land, building and equipment were $150,000, $375,000 and $75,000, respectively. The purchase price allocated to the equipment should be: (65625 is answer)
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