Capitol Construction Company Made a Basket Purchase of Three Items

Multiple Choice

Capitol Construction Company made a basket purchase of three items. Item X was appraised at $55,000; item Y was appraised at $65,000 and item Z was appraised at $40,000. The purchase price was $125,000. The amount at which item Z should be recorded (rounded to the nearest dollar) is: (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

A) $51,200.
B) $40,000.
C) $31,250.
D) $42,969.