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Stevens Corp. purchased a warehouse, a fork lift truck and office furniture for a lump sum payment of $250,000. The estimated value of the assets

Stevens Corp. purchased a warehouse, a fork lift truck and office furniture for a lump sum payment of $250,000. The estimated value of the assets are: Warehouse 220,000 Fork-lift truck 30,000 Furniture 20,000 At what amount should each of the three assets be recorded?

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