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Current Attempt in Progress Sheridan Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $359,100. The estimated fair values of

Current Attempt in Progress Sheridan Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $359,100. The estimated fair values of the assets are land $68,400, building $250,800, and equipment $91,200. At what amounts should each of the three assets be recorded? (Do not round intermediate calculations and round final answers to O decimal places e.g. 58,971.) Land $ Building Equipment $ LA $ Recorded Amount eTextbook and Media Save for Later Attempts: unlimited Submit

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