How would FedEx divide a $120,000 lump-sum purchase price for land, building, and equipment with estimated market values of $40,000, $95,000, and $15,000,

respectively? (Round interim calculations to the nearest tenth of a percent, X.X%, and your final answers to the nearest whole dollar.)

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Part 1

	Estimated Market Value	Cost of Each Asset
Land	$40,000
Building	$95,000
Equipment	$15,000
Total	$150,000