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THE Company made a lump sum purchase of three pieces of machinery. The fair market values of the machines on the purchase date were: Machine

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THE Company made a lump sum purchase of three pieces of machinery. The fair market values of the machines on the purchase date were: Machine A Machine B Machine C $120,000 $270,000 $210,000 Before the machines could be used, THE Company had to spend $18,000 to get Machine B in working condition. If the total capitalized cost assigned to Machine B was $276,750, then the total purchase price of the three machines was equal to: $582,000 O $600,000 O $575,000 O $655,000 $593,000 $615,000 $597,000

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