$16.$ I need it fast plz i will upvote thank you. Concord Industries purchased the following assets and constructed a building as well. All this was done during the current year.

Assets $1$ and $2$: These assets were purchased as a lump sum for $$150,000$ cash. The following information was gathered.

$\backslash$table$[[$Description$,\backslash$table$[[$Initlal Cost on$],[$Seller$\text{'}$s Books$]],\backslash$table$[[$Depreclatlon to$],[$Date on Seller's Books$]],\backslash$table$[[$Book Value on$],[$Seller$\text{'}$s Books$]],$Appraised Value$],[$Machinery$,$$$150,000,$$$75\mathrm{.}000,$$$75,000,$$$135,000$