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5) Large Construction Ltd. bought land, a building, andequipment for a lump-sum of $1,800,000. Following are the appraisedfair market values of the newly acquired assets:

5) Large Construction Ltd. bought land, a building, andequipment for a lump-sum of $1,800,000. Following are the appraisedfair market values of the newly acquired assets: Land $600,000Building 900, 2 answers

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