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Southwood Manufacturing bought three used machines in a $192,000 lump-sum purchase. An independent appraiser valued the machines as shown: E: (Click on the icon to
Southwood Manufacturing bought three used machines in a $192,000 lump-sum purchase. An independent appraiser valued the machines as shown: E: (Click on the icon to view the appraised values.) Requirement 1. What is each machine's individual cost? Immediately after making this purchase, Southwood sold machine 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 throughout.) Machine 1's cost is $ . i Data Table Machine 2's cost is $ Machine 3's cost is $0 . Machine No. Appraised Value The result of the sale is a L o fs 1 $ IN 50,000 96,000 54,000 Print Print Done
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