Aspen Construction made a basket purchase of three items. Item X was appraised at $38,000; item Y was appraised at $60,000 and item Z was appraised at $65,000. The purchase price was $126,000. The amount at which item Y should be recorded is:
A) ($60,000/$126,000) × $163,000.
B) ($60,000/$163,000) × $126,000.
C) ($60,000/$103,000) × $163,000.
D) ($60,000/$103,000) × $126,000.
B) ($60,000/$163,000) × $126,000.
Explanation: (Y appraised value/total appraised values of X, Y, Z) × purchase price.
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