Question: help plz Help Save & Ex 8 New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $72.600 in cash. The

Help Save & Ex 8 New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $72.600 in cash. The book values and fair values of Red Rock's assets and liabilities were as follows: current site Book Valuate Va Property, plant, and quest 919.200 022.400 Other at 40.000 50.600 3,200 4.900 19,200 Long-term liabilities 14,100 20.600 15,600 Calculate the amount paid for goodwill Help 12 Holiday Laboratories purchased a high-speed Industrial centrifuge at a cost of $410,000. Shipping costs totaled $16.700. Foundation work to house the centrifuge cost $9.500. An additional water line had to be run to the equipment at a cost of $2.500. Labor and testing costs totaled $7,100. Materials used up in testing cost $3,600. (Leave no cells blank. Enter O where needed.) a. What is the total cost of the equipment? OS:49 Cost of the equipment b. How much of this amount should be expensed immediately? Inmediately expensed
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
