(Solution) - Deadwood Manufacturing bought three used machines in a 167 000 -(2025 Original AI-Free Solution)
Paper Details
Deadwood Manufacturing bought three used machines in a $167,000 lump-sum purchase. An independent appraiser valued the machines as shown in the table.
Machine No. Appraised Value
1 ............. $38,250
2 ............. 73,100
3 ............. 58,650
What is each machines individual cost? Immediately after making this purchase, Deadwood sold machine 2 for its appraised value. What is the result of the sale? (Round decimals to three places when calculating proportions, and use your computed percentages throughout.)