Chico Company paid $950,000 for a basket purchase that inclu…

Chicо Cоmpаny pаid $950,000 fоr а basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture $190,000; Building $740,000, Land $132,000. Based on this information, the amount of cost that would be allocated to the office furniture is closest to: Note: Round your intermediate percentages to 2 decimal places: ie 0.054231 = 5.42%.