Return to co My Son Question 21 Answer saved Allocation of Package Purchase Price Andrew Lupino went into business by purchasing a car lubrication consisting station of land a building and equipment. The song was hired an for $2,000 to appraise the assets. The appraised valuations were Property Assessed Value Land Building 4.000 Equipment Total After receiving the appraisal. Lupine offered 5175,000 for the business. These refused this offer Lupino then offered 16.00 for the business with the values as a guide, allocate the total purchase price of the car lubrication station to the Land Building and ment accounts Allocation of Asset Purchase Price Land Building Equipment Previous Save Answers Copyright 2020 and Business Reserved to be more MacBook Air