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Business, 14.05.2021 21:30 tony4561

Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,400,000. According to independent appraisals, the fair values were $1,100,000, $2,200,000, $3,300,000, and $4,400,000 for the building, patent, land, and equipment, respectively. The initial value of the patent would be:

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