Primadonna Company paid $870,000 plus $10,000 in legal costs for a parcel of real estate.This included land appraised at $350,000; land improvements appraised at $80,000; and a building appraised at $370,000.The plan is to use the building as a manufacturing plant.Determine the amounts that should be debited to: Take all percentages to two decimals,e.g.12.35%

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Primadonna Company paid $870,000 plus $10,000 in legal costs for a parcel of real estate.This included land appraised at $350,000; land improvements appraised at $80,000; and a building appraised at $370,000.The plan is to use the building as a manufacturing plant.Determine the amounts that should be debited to:  Take all percentages to two decimals,e.g.12.35%

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The Answer of Primadonna Company paid $870,000 plus $10,000 in legal costs for a parcel of real estate.This included land appraised at $350,000; land improvements appraised at $80,000; and a building appraised at $370,000.The plan is to use the building as a manufacturing plant.Determine the amounts that should be debited to:  Take all percentages to two decimals,e.g.12.35%

Primadonna Company Paid $870,000 Plus $10,000 in Legal Costs for a Parcel