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Teradene Corporation purchased land as a factory site and contracted with Maxtor Construction to construct a factory. Teradene made the following expenditures related to the

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Teradene Corporation purchased land as a factory site and contracted with Maxtor Construction to construct a factory. Teradene made the following expenditures related to the acquisition of the land, buliding, and equipment for the factory: (FV of \$1, PV of \$1, EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) In addition to the above expenditures, Teradene purchased four forklift from Caterpillat. In payment, Teradene paid $30,000 cash and signed a noninterest-bearing note requiring the payment of $84,000 in one year. An interest rate of 7% properly reflects the time value of money for this type of loan. Required: Determine the initial valuation of each of the assets Teradene acquired in the above transactions. (Round your answers to the nearest Whole dollars.) Teradene Corporation purchased land as a factory site and contracted with Maxtor Construction to construct a factory. Teradene made the following expenditures related to the acquisition of the land, buliding, and equipment for the factory: (FV of \$1, PV of \$1, EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) In addition to the above expenditures, Teradene purchased four forklift from Caterpillat. In payment, Teradene paid $30,000 cash and signed a noninterest-bearing note requiring the payment of $84,000 in one year. An interest rate of 7% properly reflects the time value of money for this type of loan. Required: Determine the initial valuation of each of the assets Teradene acquired in the above transactions. (Round your answers to the nearest Whole dollars.)

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