Question
Taffy Company made a package purchase of three pieces of machinery for $144,000. The fair market values of the machinery were determined to be as
Taffy Company made a package purchase of three pieces of machinery for $144,000. The fair market values of the machinery were determined to be as follows:
| Machine A | $72,000 |
| Machine B | 115,200 |
| Machine C | 100,800 |
What cost should Taffy Company record for Machine C?
Select one:
A. $100,800
B. $36,000
C. $50,400
D. $57,600
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