Your uncle passed away and left you and your siblings his private property. He owned a 180 acre ranch and there are 3 of you. Each acre is valued at approximately $3,000. This means the monetary value for each sibling will be:
Total acre of property = 180 acres Each sibling will receive = 180/3 = 60 acres If 1 acre = $3000 Then 60acres = 60• 3000 =$180,000 Therefore, the monetary value for each sibling will be $180,000