Respuesta :
Answer:
$4235350.
Explanation:
Given: Estimated fair value of the equipment= $1000000.
Estimated fair value of the building= $7000000.
Estimated fair value of the land= $2000000.
One Purchase price of equipment, building and land= $6050500.
First finding the allocated percentage share of building.
Total amount shared by building, land and equipments= [tex]\$ 1000000+\$7000000+\$ 2000000[/tex]
∴ Total amount shared by building, land and equipments= [tex]\$ 10000000[/tex]
Allocated percentage share of building= [tex]\frac{Estimated\ fair\ price\ of\ building}{Total\ amount\ shared} \times 100[/tex]
⇒ Allocated percentage share of building= [tex]\frac{7000000}{10000000}\times 100[/tex]
∴ Allocated percentage share of building= [tex]70\%[/tex]
Now, calculating amount would the company record the building.
Amount recorded for the building= [tex]70\% \times \$ 6050500[/tex]
⇒ Amount recorded for the building= [tex]\frac{70}{100} \times 6050500[/tex]
∴ Amount recorded for the building= [tex]\$ 4235350[/tex].
Hence, amount that company would record for building is $4235350.
The Amount at which the company will record the building will be $4235350. To find the solution, see below.
Estimated Value Share
We are given value of the equipment = $1000000, the building= $7000000, and the land = $2000000. Total Amount equals to $100000000.
And the One Purchase price of equipment, building and land= $6050500.
To find the amount company will record the building, we need to find the share of the Building from the total amount.
Hence, Allocated percentage share of building = estimated fair price of building divided by Total amount × 100
⇒ (7,000,000 ÷ 100,000,000) × 100
⇒ 70%.
So the company will record the building on allocated percentage,
⇒ 70% of 6,050,500
⇒$4235350.
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