Presented below is information related to Bucky Katt Company. 1. On July 6 Bucky Katt Company…

Presented below is information related to Bucky Katt Company.
1. On July 6 Bucky Katt Company acquired the plant assets of Satchel Company, which had discontinued operations. The appraised value of the property is:
Land ……….. $ 400,000
Building …….. 1,200,000
Machinery and equipment .. 800,000
Total ……… $2,400,000

 

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