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Question 23 Cara Incorporated acquired land, office building, and storage facility for a lump sum amount of P 8,550,000. The appraised value of the properties

Question 23 Cara Incorporated acquired land, office building, and storage facility for a lump sum amount of P 8,550,000. The appraised value of the properties are as follows: Land, P 4,800,000; Building, P 4,200,000: Storage Facility, P3,000,000. Compute for the allocated cost of the following: 1. Land - 2. STORAGE

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