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Eastwood Manufacturing bought three used machines in a $224,000 lump-sum purchase. An independent appraiser valued the machines as shown: Appraised Value Machine No. 1 $81,650
Eastwood Manufacturing bought three used machines in a $224,000 lump-sum purchase. An independent appraiser valued the machines as shown:
| Appraised Value |
---|---|
Machine No. 1 | $81,650 |
Machine No. 2 | 123,050 |
Machine No. 3 | 25,300 |
What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.)
Machine 1's Cost is
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