XY purchased a plant, including land, buildings, and machinery, for $50,000. These items were carried on the books of the seller as follows: land, $15,000, building, $40,000, and machinery. $20,000. Immediately after the purchase, XY employed a reliable firm to appraise the assets with the following results: land, $12,000, building. $15,000, and machinery, $33,000. At what amount should each separate asset be recorded on the books of XY? Land, $ Building, $ Machinery, $ Short Answer Toolbar navigation BI U s