Bartman, inc., purchased a tract of land, a small office building, and some equipment for $1,900,000. the appraised value of the land was $1,380,000, the building was $575,000, and the equipment $345,000. what amount is recorded in bartman’s accounting records for the land?

$1,140,000

Explanation:

For computing the amount of land that would be recorded, first we have to find out the total appraisal value which is shown below:

= Appraised value of the land + Appraised value of the building + Appraised value of the equipment

= $1,380,000 + $575,000 + $345,000

= $2,300,000

And, the total cost is $1,900,000

So, the record value of the land would be

= (Total cost ÷ total appraisal value)× appraisal value of the land

= ($1,900,000 ÷ $2,300,000) × $1,380,000

= $1,140,000

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

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