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On May 1 , 2 0 2 3 , Bakerview Tiles purchased a bundle of assets for $ 5 , 7 5 0 , 0

On May

1, 2023,

Bakerview Tiles purchased a bundle of assets for $

5, 750, 000 .

Other relevant

information is below.

Bakerview plans to use straight line depreciation for buildings, double

-

declining balance for

equipment, and units of production for the delivery vans.

Prepare the journal entry to record the purchase of assets.

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