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QUESTION

Presented below is information related to Zonker Company. On July 6, Zonker Company acquired the plant assets of Doonesbury Company, which had...

1.

Land$400,000

Buildings1,200,000

Equipment800,000   Total$2,400,000

2.

Repairs to building$105,000Construction of bases for equipment to be installed later135,000Driveways and parking lots122,000Remodeling of office space in building, including new partitions and walls161,000Special assessment by city on land18,000

3.

(Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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