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Riverwood Manufacturing bought three used machines in a $185,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view
Riverwood Manufacturing bought three used machines in a $185,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view the appraised values.) Read the requirement What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Machine 1's cost is Data table Appraised Value Machine No. 1 $ 46,550 Machine No. 2 80,750 Machine No. 3 62,700 Print Done Requirement 1. What is each machine's individual cost? Immediately after making this purchase, Riverwood 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.) Print Done
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