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Timberly Construction makes a lump-sum purchase of severalassets on January 1 at a total cash price of $840,000. Theestimated market values of the purchased assets

Timberly Construction makes a lump-sum purchase of severalassets on January 1 at a total cash price of $840,000. Theestimated market values of the purchased assets are building,$477,750; land, $263 0 answers

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