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Holland Enterprises acquired three different pieces of furniture and equipment for its newly renovated office. The bulk purchase from Sabroso Technologies, Inc. included the following
Holland Enterprises acquired three different pieces of furniture and equipment for its newly renovated office. The bulk purchase from Sabroso Technologies, Inc. included the following assets and corresponding retail prices: office furniture,$2,720; an integrated telephone system, $6,240; and a desktop computer system, $7,040. Wonder charged a bulk price of $6,200. Determine the value assigned to each asset. Value Assigned Asset Type to Each Asset Office Furniture Telephone System Computer Equipment Total
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