Capitol Construction Company made a basket purchase of three items.Item X was appraised at $35,000;item Y was appraised at $55,000 and item Z was appraised at $60,000.The purchase price was $125,000.The amount at which item Z should be recorded (rounded to the nearest dollar)is:
A)$72,000.
B)$83,300.
C)$50,000.
D)$29,167.

Question

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The Answer of Capitol Construction Company made a basket purchase of three items.Item X was appraised at $35,000;item Y was appraised at $55,000 and item Z was appraised at $60,000.The purchase price was $125,000.The amount at which item Z should be recorded (rounded to the nearest dollar)is:
A)$72,000.
B)$83,300.
C)$50,000.
D)$29,167.

Capitol Construction Company Made a Basket Purchase of Three Items