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Lionworks Corporation m

Lionworks Corporation 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 X should be recorded(rounded to the nearestdollar) is: A. $38,043.B. $41,667.C. $29,167.D. $42,000.

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