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Part 1

SugarRidge

Manufacturing bought three used machines in a

$167,000

lump-sum purchase. An independent appraiser valued the machines as shown:

1. What is each machine's individual cost? Immediately after making this purchase, Sugar Ridge sold Machine No. 3 for its appraised value. What is the result of the sale? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.)

Data table

	Appraised Value
Machine No. 1	$38,250
Machine No. 2	73,100
Machine No. 3	58,650

Machine 2's cost is?