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Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $2,700,000. The building was completely furnished. According

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Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $2,700,000. The building was completely furnished. According to independent appraisals, the fair values were $760,000, $1,140,000, and $1,900,000 for the building, land, and furniture and fixtures, respectively. The initial values of the building, land, and furniture and fixtures would be: b. C. d. Building Land Fixtures $760,800 $1,140,000 $1,900,000 $540,000 $ 810,000 $1,350, eee $810,000 $ 540,000 $1,350,000 None of these answer choices are correct. Multiple cnoice Option D Option B Option A Option

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