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LLLL The following information for BBBB applies to the next three questions (40 to 42). Bruce Bam Bam Bigelow (BBBB) Corporation acquired land, inventory, and
LLLL The following information for BBBB applies to the next three questions (40 to 42). Bruce "Bam Bam" Bigelow (BBBB) Corporation acquired land, inventory, and equipment from a bankrupt company at a lump-sum price of $180,000. Assuming BBBB would like to maximize its current earnings, what cost would it assign to the land, inventory, and equipment, respectively A Land Inventory Equipment $60,000 $60,000 $60,000 B. Land so Inventory SO Equipment $180,000 o Land so Inventory $180,000 Equipment so D. Land $180,000 Inventory so Equipment so Land SO Inventory $90,000 Equipment $90,000
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