purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, building, and land are $1,000,000, $7,000,000, and $2,000,000, respectively. At what amount would the company record the building
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At the beginning of the current year, trenton company inc.'s total assets were $248,000 and its total liabilities were $175,000. during the year, the company reported total revenues of $93,000, total expenses of $76,000 and dividends of $5,000.
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