Determine the initial valuation of each asset, assuming that immediately after acquisition, Samtech demolished the building. Demolition costs were $260,000 and the salvaged materials were sold for $6,500. In addition, Samtech spent $80,000 clearing and grading the land in preparation for the construction of a new building

purchase cost + 338500

Step-by-step explanation:

given that immediately after acquisition, Samtech demolished the building. Demolition costs were $260,000 and the salvaged materials were sold for $6,500.

In addition, Samtech spent $80,000 clearing and grading the land in preparation for the construction of a new building.

Thus initial valuation of the asset = purchase cost + expenses - sale value of salvaged materials

Hence here we get

initial value = purchase cost + 260000-6500+80000

= purchase cost + 338500

because its not ur topic and its not for is for homework not that.

step-by-step explanation:

you can add the two numbers and divide the result by 2. or you can find the gap between the two numbers and add half of this to the smaller number.