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Tamockcompany purchased a plant for one of his suppliers. The $965,000 purchase price included the land, a building, and factory machinery. Tamock also paid $5000

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Tamockcompany purchased a plant for one of his suppliers. The $965,000 purchase price included the land, a building, and factory machinery. Tamock also paid $5000 and legal fees to negotiate the purchase at the plant. An appraisal show the following values for the items purchased: image text in transcribed
using the assessed value as a guy, allocate the total purchase price of the plant to the land, building, and machinery account in Tamock companies records
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Aliocation of Pacicage Purchase Price negotiate the pueduse of the plant. An appraisal shoved the following walies for the lecres purktured Tamock Company purchased a plant from one of its suppliers. The $965,000 negotiate the purchase of the plant. An appraisal showed the following value Tamock Company purchased a plant from one of its suppliers. The $965,00 negotiate the purchase of the plant. An appraisal showed the following valu Using the assessed value as a guide, allocate the total purchase price of the

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