Assume Trois Cuisines Manufacturing bought three machines in a $100,000 lump-sum purchase. An… 1 answer below »

Assume Trois Cuisines Manufacturing bought three machines in a $100,000 lump-sum purchase. An independent appraiser valued the machines as follows: Machine No. Appraised Value 1……………………………… $27,000 2……………………………… 45,000 3……………………………… 36,000 Trois Cuisines paid one-third in cash and signed a note payable for the remainder. What is each machine s individual cost? Immediately after making this purchase, Trois Cuisines sold machine 2 for its appraised value. What is the result of the sale? Round to three decimal places.

 

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Use Code FREE15