Red rock bakery purchases land, building, and equipment for a single purchase price of $420,000. however, the estimated fair values of the land, building, and equipment are $130,000, $312,000, and $78,000, respectively, for a total estimated fair value of $520,000. required: determine the amounts red rock should record in the separate accounts for the land, the building, and the equipment.

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration