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a. On 1 July 2018, Hobart Ltd purchased two blocks of land: Northern Site and Southern Site for $7,600,000 each in cash. Hobart Ltd revalued

a. On 1 July 2018, Hobart Ltd purchased two blocks of land: Northern Site and Southern Site for $7,600,000 each in cash. Hobart Ltd revalued both blocks of land by an independent valuer. On 30 June ...

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