Sheridan company purchased the assets of pharaoh company at an auction for $5380000. An independent appraisal of the fair value of the assets is listed below: Land $1860000 Building $2850000 Equipment $2020000 Trucks 3230000 Assuming that specific identification costs are impracticable an

Assuming that specific identification costs are impracticable and that Sheridan allocates the purchase price on the basis of the relative fair values, what amount would be allocated to the trucks? A. $2850000 B. $3189000 C. 1539458 D. 1744719