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7) When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the Group of

7)

When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the

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book value of the plant asset from the prior owner's accounting records

the cost of the plant asset when most recently purchased with cash

market price of the stock

par value of the stock

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