n operations on October 1, 2016. The accounting department of 0 (Use a. Depreciation is computed from the first of the month of acquisition to the first of the month of disposition. paid $742,500 for the land and building together common stock. At the date of At the time of e of $5 per share and a fair value of $18 per share. During October 2016, Thompson paid $9,700 to an existing building on this of of the B on the newly total c ation by the city. An independent appraisal of the equipment when donated placed value is g. On 1, 2017, Machine B was acquired with a down p t of $3,300 and the remaining payments to be made in 10 annual , 1.2018. The prevailing interest rate was 7% Supply the correct amount for each answer box on the schedule. (Round your final answers to nearest whole dollar.) Life in Years r Ended 9/30 Date 10/1/10