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X Company purchased the assets of R Company at an auction for 1,500,000. An independent appraisal of the fair value of the assets is listed

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X Company purchased the assets of R Company at an auction for 1,500,000. An independent appraisal of the fair value of the assets is listed below Land 475.000 Building Equipment 525,000 Trucks 550.000 Assuming that specific identification costs are in ve and that X allocates the purchase price on the basis of the relative faire values, what Porndun Venecillocated to the Trucks

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