On April 12,2020 . Prism Ltd., a camera lens manufacturer, paid cash of $560,600 for real estate plus $30200 cash in closing costs The real estate Included land appraised at $204,680, land improvements approised at $72.240 and a building appraised at $325,080.
(a) Appraised Values
(b) Ratio of individual appraised value to total appraised value (a) + total appraised value
(c) Cost alloation (b) + total actual cost

Q&A Education