Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,400,000. According to independent appraisals, the fair values were $1,100,000, $2,200,000, $3,300,000, and $4,400,000 for the building, patent, land, and equipment, respectively. The initial value of the patent would be:

purchase cost of patent = $1,880,000

Explanation:

total independent values = $1,100,000 + $2,200,000 + $3,300,000 + $4,400,000 = $11,000,000

we must allocate the purcahse cost proportionally:

purchase cost of building = $1,100,000/$11,000,000 x $9,400,000 = $940,000

purchase cost of patent = $2,200,000/$11,000,000 x $9,400,000 = $1,880,000

purchase cost of land = $3,300,000/$11,000,000 x $9,400,000 = $2,820,000

purchase cost of equipment = $4,400,000/$11,000,000 x $9,400,000 = $3,760,000

answer; i believe the answer you are searching for is (minimum payment)

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!