Office Plus Company Bought an Office Building for $9,000,000 So

question 26

Essay

Office Plus Company bought an office building for $9,000,000 so it could consolidate its entire senior management staff in one location. An independent appraiser valued these items individually as follows: Prior to completing the purchase, Office Plus' management decided that it will remove the computer network system and replace it with fiber-optic cables and related technologies.
Required:
Allocate the purchase price among the assets acquired.

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Definitions:

Euphoria

A feeling or state of intense excitement and happiness.

Excitation

In psychology, a state of arousal or heightened physiological activity, often in response to a stimulus.

Tobacco

A plant whose leaves are dried and fermented before being put in tobacco products, which are consumed for nicotine.

Euphoria

A state of intense happiness and self-confidence, often more than is appropriate in a given situation, sometimes caused by drugs or manic episodes.