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4 points On March 1, 2020 Jackson Corporation sells land for $100,000. Jackson will be paid on arfinstallment basis in five equal annual payments starting

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4 points On March 1, 2020 Jackson Corporation sells land for $100,000. Jackson will be paid on arfinstallment basis in five equal annual payments starting on December 31, 2020. The adjustment to E&P for the year of sale will be O $80,000 O $100,000 O $8,600 O $0

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