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4. Morley Company pays $10,000 for land that remains unused and pays $5,000 to install an underground sprinkler system to maintain the plants on its
4. Morley Company pays $10,000 for land that remains unused and pays $5,000 to install an underground sprinkler system to maintain the plants on its property. As a result, Morley's A) plant assets will increase by $15,000. B) plant assets will increase by $10,000 and long-term investments will increase by $5,000. C) plant assets will increase by $5,000 and long-term investments will increase by $10,000. D) long-term investments will increase by $15,000
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