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Lump-Sum Purchase To add to his growing chain of grocery stores, on January 1, 2017, Danny Marks bought a grocery store of a small competitor

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Lump-Sum Purchase To add to his growing chain of grocery stores, on January 1, 2017, Danny Marks bought a grocery store of a small competitor for $622,000. An appraiser, hired to assess the acquired assets' values, determined that the land, building, and equipment had market values of $226,380, $171,500, and $288,120, Required 1. What is the acquisition cost of each asset? Do not round intermediate calculations. If required, round your final answers to the nearest dollar Asset Acquisition Cost Land Building: Equipment

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