Pharoah Industries Corp. purchased the following assets and also constructed a building. All this was done during the current year using a variety of financing alternatives.

Assets $1$ and $2$

These assets were purchased together for $$121,000$ cash. The following information was gathered:

$\backslash$table$[[,\backslash$table$[[$Initial Cost on$],[$Seller$\text{'}$s Books$]],\backslash$table$[[$Depreciation$],[$to Date on$],[$Seller$\text{'}$s Books$]],\backslash$table$[[$Book Value on$],[$Seller$\text{'}$s Books$]],\backslash$table$[[$Appralsed$],[$Value$]]],[$Machinery$,$$$125,000,$$$59,000,$$$66,000,$$$99,000$