Show Timer Question Completion Status: Bruce "Bam Bam" Bigelow (BBBB) Corporation acquired land, inventory, and equipment from a bankrupt company at a lump sum price of $180,000 Assuming at the time of acquisition, Bruce Bam Bam Bigelow Corporation also paid $12,000 to have the assets appraised. The appraisal disclosed the following values: Item Amount Land $120,000 Inventory 80,000 Equipment 40,000 Based on the internal revenue code (IRC), what costs should be assigned to the land, inventory, and equipment, respectively? A Land Inventory Equipment $60,000 $60,000 $60,000 B. Land 564,000 Inventory $64,000 Equipment $64,000 Land 596,000 Inventory $64,000 Equipment $32,000 D. Land $90,000 Inventory $60,000 Equipment $30,000 Land $120,000 Inventory $80,000 Equipment $40,000 Click Save and Submit to save and submit. Click Save All Armers to save all answers. ere to search