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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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sE2. Pattia Company purchased property with a warehouse and parking lot for $1,500,000. An appraiser valued the components of the property if purchased separately as follows.
Â
Â
Â
|
Land |
$Â Â 400,000 |
|
Land improvements |
200,000 |
|
Building |
  1,000,000 |
|
Total |
$1,600,000 |
Determine the cost to be assigned to each component
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