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Exercise 6 - 6 A ( Algo ) Allocating costs for a basket purchase LO 6 - 1 Pitney Company purchased an office building, land,

Exercise 6-6A (Algo) Allocating costs for a basket purchase LO 6-1
Pitney Company purchased an office building, land, and furniture for $690,000 cash. The appraised value of the assets was as follows:
\table[[Land,$154,560
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