Tango Company purchased land and a building for $350,000. If the assets had been purchased separately, the company would have paid $170,000 for the land and $210,000 for the building. What amount should be recorded for the LAND?

A) $156,579
B) $169,405
C) $170,000
D) $187,321

A

Business

You might also like to view...

Just about any soft flesh fruit or vegetable can be used to make agua fresca.

a. true b. false

View
Business

Successful high-technology firms typically build in slack resources to encourage innovation

Indicate whether the statement is true or false

View
Business