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Fresh Veggies, Inc. (FVI). purchases land and a warehouse for $400,000. In addition to the purchase price, FVi makes the following expenditures related to the

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Fresh Veggies, Inc. (FVI). purchases land and a warehouse for $400,000. In addition to the purchase price, FVi makes the following expenditures related to the acquisition: broker's commission, $20,000; title insurance, $1,000; and miscellaneous closing costs, $4,000. The warehouse is immediately demolished at a cost of $20,000 in anticipation of building a new warehouse Determine the amount FVI should record as the cost of the land Cost of the land Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $13.0 million. The fair value of Midwest's assets is $8.8 million. The fair value of Midwest's liabilities is $1.4 million Calculate the amount paid for goodwill. (Enter your answer in millions rounded to 1 decimal place (le, 5,500,000 should be entered as 5.5).) Amount paid for goodwill million El Tapitio purchased restaurant furniture on September 1, 2018, for $48.000. Residual value at the end of an estimated 10-year service life is expected to be $6,300. Calculate depreciation expense for 2018 and 2019, using the straight-line method, and assuming a December 31 year-end. 2018 2019 Depreciation expense cos

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