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Business, 06.08.2021 01:00 daelinrobinson

Chico Company paid $560,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture $140,000; Building $460,000, Land $110,000. Based on this information, the amount of cost that would be allocated to the office furniture is closest to:

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