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7.4 Cost of Fixed Assets Mooney Sounds, a local stereo retailer, needed a new store because it had outgrown the leased space it had used

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Cost of Fixed Assets Mooney Sounds, a local stereo retailer, needed a new store because it had outgrown the leased space it had used for several years. Mooncy acquired and remodeled a former grocery store. As a part of the acquisition, Mooney incurred the following costs

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