88. Alonzo Co. acquires 3 patents from Shaq Corp. for a total of $280,000. The patents were carried on Shaq's books as follows: Patent AA: $5,000; Patent BB: $2,000; and Patent CC: $3,000. When Alonzo acquired the patents their fair values were: Patent AA $20,000; Patent BB: $240,000; and Patent CC: $60,000. At "hat amount should Alonzo record patent 8B? a. $93,333 b. $186,666 c. $2,000 d. $210,000 d. L' 1. Mln Reportng. None : 3, AACSB: AICPA AICPA AICPA pc: Prob Solusng. 88. Alonzo Co. acquires 3 patents from Shaq Corp. for a total of $280,000. The patents were carried on Shaq's books as follows: Patent AA: $5,000; Patent BB: $2,000; and Patent CC: $3,000. When Alonzo acquired the patents their fair values were: Patent AA $20,000; Patent BB: $240,000; and Patent CC: $60,000. At "hat amount should Alonzo record patent 8B? a. $93,333 b. $186,666 c. $2,000 d. $210,000 d. L' 1. Mln Reportng. None : 3, AACSB: AICPA AICPA AICPA pc: Prob Solusng.