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What amount should be recorded for the second piece

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Question 1: Cranberry Company purchased two pieces of equipment from a Canadian vendor for $400,000. If the assets had been purchased separately, the company would have paid $90,000 for the first piece of equipment and $360,000 for the second piece of equipment. What amount should be recorded for the SECOND piece of equipment?

Option A) $80,000

Option B) $90,000

Option C) $360,000

Option D) $320,000

Reference no: EM132496117

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