Cafejo Company made a package purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be as follows: Machine A 12,000 Machine B 20,000 Machine C 16,000 What cost should Cafejo record for Machine C?
A. $ 8,000
B. $10,000
C. $12,000
D. $ 6,000
Ans: A. $ 8,000
Business
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