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11 mark Ivy Ltd. is the parent company of Vine Ltd. During the year, there was an upstream transaction involving the sale of used equipment.

11 mark Ivy Ltd. is the parent company of Vine Ltd. During the year, there was an upstream transaction involving the sale of used equipment. For its separate-entity financial statements, Ivy should calculate the depreciation on this equipment based on a. Vine's fair value at the time of sale. Ob. Vine's book value at the time of sale. O c. Vine's sale price. O d. Vine's original cost. 1 man

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