Question: TB MC Qu . 1 0 - 9 5 ( Algo ) A company purchased... A company purchased land, a building, and equipment for one

TB MC Qu.10-95(Algo) A company purchased...
A company purchased land, a building, and equipment for one price of $1,000,000. The estimated fair values of the land, building, and equipment are $125,000, $875,000, and $250,000, respectively. At what amount would the company record the land?

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