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A school district is awarded a cash grant to conduct a teachertraining program. As part of the grant, the district is given, rentfree, both office

A school district is awarded a cash grant to conduct a teachertraining program. As part of the grant, the district is given, rentfree, both office space and training facilities in the building of the state education department. How, if at all, should the district account for and report the value of the office space and the training facilities?

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