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Henner Corporation made a lump sum purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be

Henner Corporation made a lump sum purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be as follows: Machine A ............ $ 4,500 Machine B ............ 9,000 Machine C ............ 13,500 What cost should Henner Corporation record for Machine C?

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